Ersatzraten in der Gesetzlichen Rentenversicherung / Replacement Rates in the German Statutory Pension System
-
Sebastian Kluth
und
Martin Gasche
Summary
This paper aims to find an adequate concept to evaluate the replacement rate of the latest retiree generation of 2010. Classic replacement rates fail to provide meaningful conclusions because they can only be calculated for around half the retirees. This paper proposes an alternative figure, the so-called life cycle replacement rate, which relates individuals’ pension payments to the average real income over their whole working history. In sum, work history related characteristics like marital status, income or retirement age strongly influence individuals’ replacement rates. Furthermore, women’s replacement rates particularly benefit from non-contribution based pension entitlements, e.g. for periods of child-raising.
© 2015 by Lucius & Lucius, Stuttgart
Artikel in diesem Heft
- Titelei
- Inhalt / Contents
- Abhandlungen / Original Papers
- Why We Should Use High Values for the Smoothing Parameter of the Hodrick-Prescott Filter
- Staying Within or Leaving the Apprenticeship System? Revisions of Educational Choices in Apprenticeship Training
- Ersatzraten in der Gesetzlichen Rentenversicherung / Replacement Rates in the German Statutory Pension System
- Does Participation Increase Outcome Acceptance? Evidence from a Power-to-take Experiment
- Spekulation am Terminmarkt und die Preisentwicklung von Agrarrohstoffen am Kassamarkt: Eine Zeitreihenanalyse der CFTC Berichte für Weizen, Mais und Sojabohnen / Speculation in Futures Markets and the Impact on Agricultural Commodity Prices: A Time Series Analysis of the CFTC Reports for Wheat, Corn and Soybeans
- Does the Forward Discount Represent a Long Memory Process or Short Memory Process with Multiple Changes in the Mean?
- Growth Regressions, Principal Components Augmented Regressions and Frequentist Model Averaging
- Buchbesprechungen / Book Reviews
Artikel in diesem Heft
- Titelei
- Inhalt / Contents
- Abhandlungen / Original Papers
- Why We Should Use High Values for the Smoothing Parameter of the Hodrick-Prescott Filter
- Staying Within or Leaving the Apprenticeship System? Revisions of Educational Choices in Apprenticeship Training
- Ersatzraten in der Gesetzlichen Rentenversicherung / Replacement Rates in the German Statutory Pension System
- Does Participation Increase Outcome Acceptance? Evidence from a Power-to-take Experiment
- Spekulation am Terminmarkt und die Preisentwicklung von Agrarrohstoffen am Kassamarkt: Eine Zeitreihenanalyse der CFTC Berichte für Weizen, Mais und Sojabohnen / Speculation in Futures Markets and the Impact on Agricultural Commodity Prices: A Time Series Analysis of the CFTC Reports for Wheat, Corn and Soybeans
- Does the Forward Discount Represent a Long Memory Process or Short Memory Process with Multiple Changes in the Mean?
- Growth Regressions, Principal Components Augmented Regressions and Frequentist Model Averaging
- Buchbesprechungen / Book Reviews
