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Social Security Programs and Retirement around the WorldHistorical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms$
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David A. Wise

Print publication date: 2012

Print ISBN-13: 9780226903095

Published to Chicago Scholarship Online: September 2013

DOI: 10.7208/chicago/9780226921952.001.0001

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. Disability, Pension Reform, and Early Retirement in Germany

. Disability, Pension Reform, and Early Retirement in Germany

(p.277) 7. Disability, Pension Reform, and Early Retirement in Germany
Social Security Programs and Retirement around the World

Axel Börsch-Supan

Hendrik Jürges

University of Chicago Press

This chapter first describes the most relevant features of the German pension system and the reforms since the 1970s, and then discusses long-term trends in mortality, primary diagnoses for disability insurance benefit recipients, and subjective health measures, together with long-term trends in labor force participation. It analyzes how selected pension system reforms, in particular the introduction of or changes in the generosity of various early retirement options, have affected retirement behavior in Germany. Next, the chapter considers early retirement behavior by birth cohorts and shows that cohorts born during World War I have retired earlier than those born before or after the war.

Keywords:   pension system, social security system, disability insurance, mortality, labor force participation, pension reform, early retirement

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