@incollection{Janda2020, author = {Constanze Janda}, title = {Elements of Generational Solidarity in the German Pension System}, series = {Solidarity Across Generations: Comparative Law Perspectives}, editor = {Eri Kasagi}, publisher = {Springer International Publishing}, address = {Berlin}, isbn = {978-3-030-50546-2}, doi = {10.1007/978-3-030-50547-9\_2}, url = {https://nbn-resolving.org/urn:nbn:de:0246-opus4-46881}, pages = {37 -- 57}, year = {2020}, abstract = {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.}, language = {en} }