Pensioners’ Poverty Requires Fundamental Reform
Abstract The German government seeks to improve the situation of longterm pension contributors with the basic pension (“Grundrente”). However, the basic pension only combats the symptoms rather than addressing the causes of low pensions and old age poverty: the policy of low wages and wrong macro ec...
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| Format: | Article |
| Language: | deu |
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Sciendo
2020-08-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-020-2717-0 |
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| _version_ | 1832570144599048192 |
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| author | Ernst Niemeier |
| author_facet | Ernst Niemeier |
| author_sort | Ernst Niemeier |
| collection | DOAJ |
| description | Abstract The German government seeks to improve the situation of longterm pension contributors with the basic pension (“Grundrente”). However, the basic pension only combats the symptoms rather than addressing the causes of low pensions and old age poverty: the policy of low wages and wrong macro economic policy. The political responsibility of these pension problems require taxfinanced compensations to guarantee a subsistence level. |
| format | Article |
| id | doaj-art-8166cb18bea34d84b841d95ea58f773e |
| institution | Kabale University |
| issn | 0043-6275 1613-978X |
| language | deu |
| publishDate | 2020-08-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Wirtschaftsdienst |
| spelling | doaj-art-8166cb18bea34d84b841d95ea58f773e2025-02-02T16:57:18ZdeuSciendoWirtschaftsdienst0043-62751613-978X2020-08-01100859759910.1007/s10273-020-2717-0Pensioners’ Poverty Requires Fundamental ReformErnst NiemeierAbstract The German government seeks to improve the situation of longterm pension contributors with the basic pension (“Grundrente”). However, the basic pension only combats the symptoms rather than addressing the causes of low pensions and old age poverty: the policy of low wages and wrong macro economic policy. The political responsibility of these pension problems require taxfinanced compensations to guarantee a subsistence level.https://doi.org/10.1007/s10273-020-2717-0 |
| spellingShingle | Ernst Niemeier Pensioners’ Poverty Requires Fundamental Reform Wirtschaftsdienst |
| title | Pensioners’ Poverty Requires Fundamental Reform |
| title_full | Pensioners’ Poverty Requires Fundamental Reform |
| title_fullStr | Pensioners’ Poverty Requires Fundamental Reform |
| title_full_unstemmed | Pensioners’ Poverty Requires Fundamental Reform |
| title_short | Pensioners’ Poverty Requires Fundamental Reform |
| title_sort | pensioners poverty requires fundamental reform |
| url | https://doi.org/10.1007/s10273-020-2717-0 |
| work_keys_str_mv | AT ernstniemeier pensionerspovertyrequiresfundamentalreform |