Notional Defined Contribution : a Comparison of the French and the German Point Systems

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Notional Defined Contribution : a Comparison of the French and the German Point Systems

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Florence Legros

Abstract

This paper provides a comparison between the French and German pension schemes by points to NDC pensions schemes (Notionnal Defined Contributions). The formal equivalence is rather simple to prove ; on the other hand, like the Swedish pension scheme often supposed to be examplary, French and German pensions schemes are not immune to unexpected macroeconomic and demographic shocks.

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Paper provided by CEPII research center in its series Working Papers with number 2003-14.

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Date of creation: Sep 2003
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Handle: RePEc:cii:cepidt:2003-14

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Find related papers by JEL classification:
H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies

This paper has been announced in the following NEP Reports:

NEP-ALL-2003-10-12 (All new papers)
NEP-EEC-2003-10-12 (European Economics)
NEP-PBE-2003-10-12 (Public Economics)

Cited by:
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Axel Börsch-Supan, 2003. "What are NDC Pension Systems? What Do They Bring to Reform Strategies?," MEA discussion paper series 03042, Mannheim Research Institute for the Economics of Aging (MEA), University of Mannheim. [Downloadable!]
Alan J. Auerbach & Ronald Lee, 2006. "Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability," NBER Working Papers 12805, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
Other versions:
- Alan J. Auerbach & Ronald Lee, 2006. "Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability," NBER Chapters, in: Social Security Policy in a Changing Environment National Bureau of Economic Research, Inc. [Downloadable!]
Axel Börsch-Supan, 2003. "What are NDC Pension Systems? What Do They Bring to Reform Strategies?," MEA discussion paper series 03042, Mannheim Research Institute for the Economics of Aging (MEA), University of Mannheim. [Downloadable!]
András Simonovits, 2006. "Optimal Design of Pension Rule with Flexible Retirement: The Two-Type Case," Journal of Economics, Springer, vol. 89(3), pages 197-222, December. [Downloadable!] (restricted)

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This page was last updated on 2009-12-17.

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