Reversing Early Retirement in Germany

A Longitudinal Analysis of the Effects of Recent Pension Reforms on the Timing of the Transition to Retirement and on Pension Incomes

Authors

  • Sandra Buchholz University of Bamberg, Chair of Sociology 1
  • Annika Rinklake Staatsinstitut für Familienforschung an der Universität Bamberg (ifb)
  • Hans-Peter Blossfeld University of Bamberg, Chair of Sociology 1

DOI:

https://doi.org/10.12765/CPoS-2013-23

Keywords:

Early retirement, Reversal of early retirement, Social inequality, Pension income, Longitudinal research

Abstract

This article investigates the effects and risks of recent pension reforms in Germany. While German pension policy systematically supported early retirement for many years in order to relieve the regulated labour market in times of economic stagnation, there has been a substantial change of the pension policy paradigm in the more recent past. Latest reforms expect older people to prolong working life. Using data from the German Socio-Economic Panel (GSOEP) and applying micro-level longitudinal research methods, this contribution shows that the recent reversal of early retirement in Germany has been at the price of growing social inequalities in old age.

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Published

2013-12-19

How to Cite

[1]
Buchholz, S. et al. 2013. Reversing Early Retirement in Germany: A Longitudinal Analysis of the Effects of Recent Pension Reforms on the Timing of the Transition to Retirement and on Pension Incomes. Comparative Population Studies. 38, 4 (Dec. 2013). DOI:https://doi.org/10.12765/CPoS-2013-23.

Issue

Vol. 38 No. 4 (2013): Ageing Populations, Reversing Early Retirement and the Economic Situation of Older People in Modern Societies

Section

Research Articles

License

Copyright (c) 2013 Comparative Population Studies