The German Pension Reform — A Major Improvement on a PAYG System

  • Gert G. Wagner


In general I fully agree with both papers which were presented. Because such a situation is difficult for a discussant to handle, I decided to give a brief overview of the German pension reform which is a very nice example of the main conclusion of both papers, namely that there is no pension reform at hand which makes all people and all generations better off.


Funded Pension Pension System Pension Reform Private Pension Poverty Risk 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer Science+Business Media New York 2003

Authors and Affiliations

  • Gert G. Wagner

There are no affiliations available

Personalised recommendations