IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v56y2003i05p5-14.html
   My bibliography  Save this article

The Riester pension plan - a flop?

Author

Listed:
  • Hans Fehr
  • Dirk Kiesewetter
  • Michael Myßen

Abstract

With the introduction of the Riester pension plan on 1 January 2002 the attempt was made to establish a private pension fund alongside the statutory system. For Prof. Hans Fehr, Würzburg University, the launching of the private pension scheme was unsuccessful, especially due to the lack of information for the citizenry. Dr. Dirk Kiesewetter, Tübingen University, argues that the Riester pension is a perfect example of a failed savings-promotion programme. Dr. Michael Myssen, Federal Ministry of Finance, believes that the Riester pension is beneficial not only for families with children and for low-wage earners, but also for singles or top earners.

Suggested Citation

  • Hans Fehr & Dirk Kiesewetter & Michael Myßen, 2003. "The Riester pension plan - a flop?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(05), pages 5-14, March.
  • Handle: RePEc:ces:ifosdt:v:56:y:2003:i:05:p:5-14
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/ifosd_2003_5_2.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Börsch-Supan, Axel & Essig, Lothar, 2005. "Personal assets and pension reform: How well prepared are the Germans?," MEA discussion paper series 05085, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    2. Lothar Essig & Anette Reil-Held, 2003. "Chancen und Risiken der "Riester-Renter"," MEA discussion paper series 03035, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    3. Börsch-Supan, Axel & Essig, Lothar, 2005. "Personal assets and pension reform : how well prepared are the Germans?," Papers 05-19, Sonderforschungsbreich 504.
    4. Bettina Lamla, 2013. "Family background and the decision to provide for old age: a siblings approach," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(3), pages 483-504, August.
    5. Essig, Lothar & Reil-Held, Anette, 2004. "Chancen und Risiken der "Riester-Rente"," Papers 04-67, Sonderforschungsbreich 504.

    More about this item

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:56:y:2003:i:05:p:5-14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.