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Änderungen an der Grundsicherung im Alter statt unsystematischer Rentenkonzepte

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  • Peter Mandler

Abstract

There is discussion in Germany about the future threat of widespread poverty among the elderly. Some argue that the social pension system will not be able to provide sufficiently for low-wage workers. At the same time, applying for welfare payments is seen as unfair in light of the lifetime achievements of the elderly. There are two basic approaches to deal with these concerns: adjusting the rules for welfare payments or changing the social pension system. Present proposals prove to be inadequate. Proposals to reform the social pension system in particular are inconsistent with basic principles. I present a proposal that will provide the right incentive while respecting the fundamental structure of the system. All other income arising from retirement provisions should be only partially credited against the welfare claim. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2012

Suggested Citation

  • Peter Mandler, 2012. "Änderungen an der Grundsicherung im Alter statt unsystematischer Rentenkonzepte," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 92(12), pages 822-826, December.
  • Handle: RePEc:spr:wirtsc:v:92:y:2012:i:12:p:822-826
    DOI: 10.1007/s10273-012-1462-4
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    Keywords

    H55;

    JEL classification:

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

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