TY  - CHAP
U1  - Buchbeitrag
A1  - Janda, Constanze
ED  - Kasagi, Eri
T1  - Elements of Generational Solidarity in the German Pension System
T2  - Solidarity Across Generations: Comparative Law Perspectives
N2  - The article focuses on the legal aspects of intergenerational solidarity in the German statutory pension system. Organised on a pay-as-you-go basis, it relies on a balance of those obliged to pay contributions vs. those who receive benefits. The footing of this system, however, becomes fragile in times of rising life expectancy and declining birth rates: fewer employees will have to finance the pension rights of a growing number of pensioners. These developments do not only lead to lower acceptance of the “intergenerational contract” by the economically active who have to invest a large share of their income in the financing of current pensions while facing the risk of receiving low payments in the future. It also raises questions of intergenerational justice.
Y1  - 2020
UN  - https://nbn-resolving.org/urn:nbn:de:0246-opus4-46881
SN  - 978-3-030-50546-2
SB  - 978-3-030-50546-2
U6  - https://doi.org/10.1007/978-3-030-50547-9_2
DO  - https://doi.org/10.1007/978-3-030-50547-9_2
SP  - 37
EP  - 57
PB  - Springer International Publishing
CY  - Berlin
ER  -