Centre for Policy on Ageing



Pensions and the reduction of non-wage labour costs — modelling a decade of reforms in Germany
Author(s)	Johan Jeroen De Deken
Journal title	Journal of European Social Policy, vol 12, no 4, November 2002
Pages	pp 277-292
Keywords	Pensions ; Private pensions ; Private enterprise ; Costs ; Labour economics ; Social policy ; Germany.
Annotation	The reduction of non-wage labour costs has become a top priority in virtually all social insurance reforms in the European Union (EU). This paper begins by discussing the levers politicians can theoretically manipulate to lower non-wage costs without undermining the equilibrium between revenue and expenditure in social security, and focusing on pension schemes. After discussing general options open to policymakers, the paper examines reforms in Germany during the past decade, in particular the most recent pension reform that seeks to introduce a privately administered funded element into the statutory scheme. It concludes by critically assessing the extent to which this partial return to funding will allow the country to overcome the pending demographic crisis for social security, and by pointing to reform options that have not been considered. (RH).
Accession Number	CPA-021216220 A
Classmark	JJ: JK: W4D: WC: WH: TM2: 767
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