Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement

Download or read book Sustainability of the German Pension Scheme: Employment at Higher Ages and Incentives for Delayed Retirement written by Lewicki, Maria Patricia and published by KIT Scientific Publishing. This book was released on 2014-03-25 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aging society and threatening old-age poverty are two major political topics in Germany for the next decades. Many modern employment biographies consist of atypical employment and discontinuities; both negatively impact the pension entitlements of the individuals. This work develops an inninnovative approach that offers flexibility to absorb demographic changes as well as labor market developments, without threatening the financial stability of the public pension scheme.