caa a22 4500 606224955 CHVBK 20210128101145.0 cr unu---uuuuu 210128e20150201xx s 000 0 ger 10.1007/s10273-015-1797-8 doi (NATIONALLICENCE)springer-10.1007/s10273-015-1797-8 Schnabel Reinhold Inst. f. Betriebswirtschaft u. Volkswirtschaft, Universität Duisburg-Essen, Universitätsstraße 12, 45117, Essen, Germany aut Das Rentenpaket 2014 — eine ökonomische Beurteilung [Elektronische Daten] [Reinhold Schnabel] The 2014 pension reform — an economic assessment The 2014 pension reform has three main components. First disability pensions have been increased by about two earnings points, an average monthly gain of 40 euros. In addition low wages in the four years preceding disability-related retirement will now be disregarded. However, since these new rules only apply to retirement after July 2014 they fail to fight poverty among current disability-related retirees. Second an additional credit for all births before 1992 ("mothers' pension”) is extremely costly and unnecessary. Poverty prevention is weak due to a strict income test in the welfare system for the elderly. Third early retirement at age 63 without actuarial adjustment has been reintroduced This is a costly measure with negative effects on both equality and efficiency. The additional child credit and early retirement provisions reduce the financial and social sustainability of the German public pension system. ZBW and Springer-Verlag Berlin Heidelberg, 2015 Wirtschaftsdienst Springer Berlin Heidelberg 95(2015-02-01), 22-27 0043-6275 95<22 2015 95 10273 https://doi.org/10.1007/s10273-015-1797-8 text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10273-015-1797-8 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Schnabel Reinhold Inst. f. Betriebswirtschaft u. Volkswirtschaft, Universität Duisburg-Essen, Universitätsstraße 12, 45117, Essen, Germany aut NATIONALLICENCE 773 0- Wirtschaftsdienst Springer Berlin Heidelberg 95(2015-02-01), 22-27 0043-6275 95<22 2015 95 10273