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A pension system in transition
— private pensions as partial substitute to public pensions in Germany | | Author(s) | Winfried Schmaehl |
| Corporate Author | Oxford Institute of Ageing, University of Oxford; Help the Aged |
| Publisher | Oxford Institute of Ageing, Oxford, 2002 |
| Pages | 64 pp (Working paper number WP602) |
| Source | Oxford Institute of Ageing website: www.ageing.ox.ac.uk |
| Keywords | Private pensions ; Pensions ; Social policy ; Germany. |
| Annotation | This paper examines the main instruments and effects of a new strategy in German pension policy implemented in 2001, a core element of which is partial substitution of public pensions by subsidised private and occupational pensions. German employees are now confronted with complex and complicated decisions, because of a great variety of possibilities of saving in subsidised forms. There is some doubt as to whether this will increase saving. The paper also focuses on questions regarding income distribution related to the new strategy of partial substitution of public by private pensions, as well as the future development of the German pension scheme, and on conflicts that may result from this strategy. The paper was presented at the Oxford Institute of Ageing conference "Pension Security in the 21st Century: Redrawing the public-private divide", at Rothmere American Institute, March 2002. (RH). |
| Accession Number | CPA-021210204 B |
| Classmark | JK: JJ: TM2: 767 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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