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Retirement at 67: How long Germans are allowed and want to work

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  • Beatrice Scheubel
  • Joachim Winter

Abstract

Under the reform plans of the Grand Coalition the raising of the retirement age has been and continues to be the subject of controversy. Barbara Scheubel, Center for Economic Studies (CES), and Joachim Winter, University of Munich, examine the frequently raised argument that people are not fit enough to be able to work until 67. They analyse representative survey data from the Mannheim SAVE study about the expectations of the still-working population with regard to the individual ability of the elderly to work. They determine that the picture presented in the public discussion is too dire. The frequent rejection of an increase in the retirement age does not necessarily coincide with the diminished ability of the elderly to work.

Suggested Citation

  • Beatrice Scheubel & Joachim Winter, 2008. "Retirement at 67: How long Germans are allowed and want to work," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 61(01), pages 26-32, January.
  • Handle: RePEc:ces:ifosdt:v:61:y:2008:i:01:p:26-32
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    References listed on IDEAS

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    3. Lothar Essig, 2005. "Household Saving in Germany: Results from SAVE 2001-2003," MEA discussion paper series 05083, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    4. Vegard Skirbekk, 2004. "Age and Individual Productivity: A Literature Survey," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 2(1), pages 133-154.
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    6. Börsch-Supan, Axel & Reil-Held, Anette & Schunk, Daniel, 2006. "Das Sparverhalten deutscher Haushalte : Erste Erfahrungen mit der Riester-Rente," Papers 07-15, Sonderforschungsbreich 504.
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    More about this item

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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