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Was wäre wenn wir Schweden wären? Ist das Schwedische Rentensystem auf Deutschland übertragbar?

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  • Rausch, Johannes

    (Munich Center for the Economics of Aging (MEA))

Abstract

Sweden is regularly mentioned as a possible model for a reform of the German Pension Insurance System. However, this is done mostly without paying attention to the differences in the initial demographic situation of both countries. In this study, the consequences of these differences for the design of the pension insurance systems in both countries are analyzed. It becomes apparent that Sweden faces considerably smaller demographic challenges. The contribution rate of the German Statutory Pension Insurance would increase by less than 2.8 percentage points until 2060 with a Swedish population structure. Simultaneously, the gross standard pension level would be 3.4 percentage points higher until 2060. Vice versa, a change to the Swedish NDC system with a constant contribution rate of 20% in Germany would induce a reduction of the average gross pension level that is more than twice as high compared to the reduction under the current system. This is completely attributable to the different assignment of the demographical burden to pensioners and contributors.

Suggested Citation

  • Rausch, Johannes, 2014. "Was wäre wenn wir Schweden wären? Ist das Schwedische Rentensystem auf Deutschland übertragbar?," MEA discussion paper series 201421, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    • Handle: RePEc:mea:meawpa:201421
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    References listed on IDEAS

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    1. Barbara Berkel & Axel Börsch-Supan, 2004. "Pension Reform in Germany: The Impact on Retirement Decisions," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 60(3), pages 393-421, September.
    2. Stefan Bach & Peter Haan & Michela Coppola & Johannes Rausch, 2014. "Wirkungen von Rentenreformen auf Rentenbeitrag und Rentenniveau sowie Beschäftigungseffekte der Rentenbeitragsänderung: Forschungsprojekt im Auftrag der Initiative Soziale Marktwirtschaft GmbH - INSM," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 79, number pbk79, January.
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    4. Berkel, Barbara & Börsch-Supan, Axel, 2004. "Pension Reform in Germany:," Sonderforschungsbereich 504 Publications 04-62, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    5. Kornelia Hagen & Lucia A. Reisch, 2010. "Riesterrente: Politik ohne Marktbeobachtung," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 77(8), pages 2-14.
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    7. Marlene Haupt & Sebastian Kluth, 2012. "Das schwedische Beispiel der kapitalgedeckten Altersvorsorge: ein Vorbild für Deutschland?," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 81(2), pages 213-230.
    8. Gasche Martin & Kluth Sebastian, 2012. "Dynamisierung der Rente: Was ist die beste Rentenanpassungsformel?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 61(1), pages 3-45, April.
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    Cited by:

    1. Börsch-Supan, A. & Härtl, K. & Leite, D.N., 2016. "Social Security and Public Insurance," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 781-863, Elsevier.

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    More about this item

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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