Bonusrente statt Zuschussrente
AbstractThe „grant pension“ is the most important part of the new German government pension reform plans. The aim of the grant pension is to support people who would otherwise receive only a small public pension despite working their whole lives. The analysis shows that the grant pension would result in some people with nearly identical work histories and equal contribution payments being treated unequally while others with dissimilar work histories and different contribution payments would be treated equally. This leads to negative incentives to work. The „bonus pension“ is presented as an alternative model which reduces the negative effects of the grant pension. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2012
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Bibliographic InfoArticle provided by Springer in its journal Wirtschaftsdienst.
Volume (Year): 92 (2012)
Issue (Month): 9 (September)
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- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
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