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By Alfred C. Mierzejewski

A background of the German Public Pension process: Continuity amid Change presents the 1st accomplished institutional background of the German public pension approach from its origins within the past due 19th century to the most important reform interval within the early twenty-first century. hoping on a variety resources, together with many used for the 1st time, this examine presents a balanced account of the way the pension approach has coped with significant demanding situations, equivalent to Germany’s defeat in international wars, inflation, the nice melancholy, the demographic transition, political possibility, reunification, and altering gender roles. It indicates that whereas the pension process has replaced to satisfy all of those demanding situations, it has retained simple characteristics—particularly the tie among paintings, contributions, and benefits—that essentially outline its personality and feature enabled it to outlive monetary and political turmoil for over a century. This booklet additionally demonstrates that the main critical problem confronted by means of the pension method has continually been political intervention by way of leaders hoping to exploit it for reasons unrelated to its project of delivering the insured with safe and sufficient retirement income.

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