Green Guarantee Pension

Completed Project

Department

Public Economics

Project Management

Johannes Geyer

Project Period

March 1 - May 31, 2020

Commissioned by

Bundestagsfraktion Bündnis90/Die Grünen

The Green Guarantee Pension is designed to ensure that people who have worked the majority of their lives, brought up children, looked after other people or have acquired other rights under the statutory pension insurance (Gesetzliche Rentenversicherung) receive a pension in old age that is above the means-tested basic pension. The Guarantee Pension increases pension entitlements within the statutory pension insurance system and is tax financed. The principle of the pension is that 30 years of insurance lead to 30 earnings points. The aim of the project is to evaluate the short and long-term income and distribution effects of this reform proposal. In addition, the fiscal costs are to be estimated.

DIW Team