Martin Werding: Demographische Alterung: Neuer Generationenvertrag und die Rolle der Kapitaldeckung

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Demographische Alterung: Neuer Generationenvertrag und die Rolle der Kapitaldeckung

25 pp.
5.27 EUR
(July 08, 2016)

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Abstract:

Due to a particularly strong process of demographic ageing, the German public pension scheme is not sustainable under current rules. In addition, the system entails a design flaw which is at odds with the economic foundations of the pay-as-you-go mechanism and imposes a particular burden on children and families. The article discusses a proposal for solving these problems and demonstrates that there might be a political majority for its implementation.

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