English, Article edition: Pension Levels and Income Replacement Ratios after the Adoption of the General Retirement Income Act Christine Mayrhuber

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/63446
Physical Description
  • article
Language
  • English

Edition details

Title
  • Pension Levels and Income Replacement Ratios after the Adoption of the General Retirement Income Act
Author
  • Christine Mayrhuber
Physical Description
  • article
Notes
  • The effects of pension harmonisation on individual pension levels can be shown by applying the provisions of the General Retirement Income Act (APG) to the insurance patterns of persons retiring and receiving their first old-age pensions in 2002-03. For men, the General Retirement Income Act results in a reduction of gross pension benefits and a lower income replacement ratio, i.e., the ratio between the first retirement income and the last earned income. The extent of the reduction depends on the retirement age and, in particular, the deductions due to early retirement (corridor pension). In case of a long contributory period (traditional employment pattern), the income replacement ratio drops by 6 percentage points, while for persons with unstable insurance patterns the income replacement ratio according to APG will be about 14 percentage points lower than according to ASVG (General Social Insurance Act). These losses can be mitigated through continued employment up to the statutory retirement age and offset for persons with a traditional insurance history.
  • Pensionsreform Allgemeines Pensionsgesetz Pensionshöhe Einkommensersatzrate
  • RePEc:wfo:monber:y:2006:i:11:p:805-816
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment