A History of the German Public Pension System: Continuity by Alfred C. Mierzejewski

By Alfred C. Mierzejewski

A background of the German Public Pension method: Continuity amid Change offers the 1st finished institutional historical past of the German public pension procedure from its origins within the past due 19th century to the most important reform interval within the early twenty-first century. counting on a variety assets, together with many used for the 1st time, this examine presents a balanced account of ways the pension method has coped with significant demanding situations, akin to Germany’s defeat in global wars, inflation, the nice melancholy, the demographic transition, political possibility, reunification, and altering gender roles. It exhibits that whereas the pension approach has replaced to fulfill all of those demanding situations, it has retained simple characteristics—particularly the tie among paintings, contributions, and benefits—that essentially outline its personality and feature enabled it to outlive monetary and political turmoil for over a century. This e-book additionally demonstrates that the main critical problem confronted through the pension approach has regularly been political intervention by way of leaders hoping to exploit it for reasons unrelated to its project of offering the insured with safe and sufficient retirement income.

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