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Frühverrentung in Deutschland: Ökonomische Anreize und institutionelle Strukturen

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Author Info

  • Arnds, Pascal

    ()
    (IZA)

  • Bonin, Holger

    ()
    (ZEW Mannheim)

Abstract

Das durchschnittliche Rentenzugangsalter in Deutschland liegt erheblich unter der gesetzlichen Regelaltersgrenze. Dieser Beitrag analysiert die arbeitsmarkt- und rentenpolitischen Ursachen der massiven Frühverrentung. Aufbauend auf einem Überblick über ökonomische Konzepte der Ruhestandsentscheidung wird ein Überblick über die Rentenzugangspfade gegeben. Die bestehenden institutionellen Strukturen werden auf Anreize zur Frühverrentung hin untersucht und die empirische Relevanz dieser Anreize illustriert. Für die Zukunft ist ein Anstieg des Rentenzugangsalters zu erwarten, weil bereits beschlossene institutionelle Korrekturen Frühverrentung erschweren. Die bisher getroffenen Maßnahmen reichen jedoch nicht aus, um den Übergang in den Ruhestand anreizneutral zu gestalten. Early Retirement in Germany: Institutions and Incentives A substantial fraction of German workers effectively retires before reaching mandatory retirement age. Starting from a review of the basic economic concepts to explain retirement, this paper surveys the incentives for early exit that are set by labor market policies and Social Security institutions. We explain the various pathways to retirement existing in Germany, and assess the associated economic incentives to retire early. Some evidence is gathered that these incentives are indeed relevant. For the future, we predict that the average retirement age is likely to increase, as a result of institutional changes already enacted. However, these measures are not sufficient to eliminate incentives for early retirement completely.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 666.

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Length: 39 pages
Date of creation: Dec 2002
Date of revision:
Publication status: published in: M. Herfurth, M. Kohli and K. F. Zimmermann (eds.), Arbeit in einer alternden Gesellschaft (Labor in an Aging Society), Leverkusen: Leske+Budrich, 2003, 65-91
Handle: RePEc:iza:izadps:dp666

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Related research

Keywords: early retirement; social security incentives; Germany;

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References

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  1. Courtney Coile & Jonathan Gruber, 2000. "Social Security and Retirement," NBER Working Papers 7830, National Bureau of Economic Research, Inc.
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  9. Winter, Joachim, 1999. "Strukturelle ökonometrische Verfahren zur Analyse von Renteneintrittsentscheidungen," Sonderforschungsbereich 504 Publications 99-03, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
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Citations

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Cited by:
  1. Stephan Dlugosz & Gesine Stephan & Ralf A. Wilke, . "Fixing the leak: Unemployment incidence before and after the 2006 reform of unemployment benefits in Germany," Discussion Papers 09/10, University of Nottingham, School of Economics.
  2. Stefan Arent & Michael Kloß, 2012. "Arbeitsmarktaustritt gleich Renteneintritt? Warum das Renteneintrittsalter nur die halbe Wahrheit ist," ifo Dresden berichtet, Ifo Institute for Economic Research at the University of Munich, vol. 19(06), pages 22-30, December.
  3. Christoph Borgmann & Matthias Heidler, 2007. "Volatility of Social Security Wealth: Political Risks of Benefit-Rule Changes in Germany," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 63(1), pages 83-106, March.
  4. Bellmann, Lutz & Janik, Florian, 2007. "Firms and Early Retirement: Offers That One Does Not Refuse," IZA Discussion Papers 2931, Institute for the Study of Labor (IZA).
  5. Zahn, Philipp & Wilke, Ralf A. & Müller, Eva, 2006. "Beschäftigung und Arbeitslosigkeit älterer Arbeitnehmer: Eine mikroökonometrische Evaluation der Arbeitslosengeldreform von 1997," ZEW Discussion Papers 06-021 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  6. Barbara Berkel, 2006. "Retirement Age and Preretirement in German Administrative Data," MEA discussion paper series 06107, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
  7. Caliendo, Marco & Hogenacker, Jens, 2012. "The German Labor Market after the Great Recession: Successful Reforms and Future Challenges," IZA Discussion Papers 6810, Institute for the Study of Labor (IZA).
  8. Kühntopf, Stephan & Tivig, Thusnelda, 2008. "Early retirement in Germany: Loss of income and lifetime?," Thuenen-Series of Applied Economic Theory 85, University of Rostock, Institute of Economics.
  9. Kühntopf, Stephan & Tivig, Thusnelda, 2007. "Renteneintrittsalter und Lebensdauer: Was kostet die Frühverrentung?," Thuenen-Series of Applied Economic Theory 67, University of Rostock, Institute of Economics.
  10. Launov, Andrey & Wolff, Joachim & Klasen, Stephan, 2004. "Unemployment Benefits and Unemployment Rates of Low-Skilled and Elder Workers in West Germany: A Search Equilibrium Approach," IZA Discussion Papers 1161, Institute for the Study of Labor (IZA).

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