Klaus Stiefermann
- Country Report
Germany: Are Pensionsfonds maturing?
Klaus Stiefermann, Sabine Mahnert and Dr Cornelia Schmid argue that a few regulatory adjustments could greatly improve occupational pensions
- Features
A never-ending story
Attempts to ensure the sustainability of Germany’s pension system have been underway for years, say Klaus Stiefermann and Cornelia Schmid
- Features
Politicians fail to deliver on pensions
Raising the costs of deferred compensation in Germany will push employees into the third pillar and damage occupational schemes, writes Klaus Stiefermann
- Features
Carrot or stick choice
The reforms of Germany’s pension system (the fundamental pension reform in 2001 (‘Riester pension reform’) and the Pension Sustainability Act and the Retirement Income Act which became operative in 2005), with a reduction of the state benefit level and an increased focus on occupational and private pensions, were a operations ...