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Calculation tool turns users into 'pension ministers'


German Insurance Association



Stable pension level, capped contribution rate: What would be the consequences of such regulations for the German pension system? The virtual tool ‘Pension Minister’, lets interested parties try it out for themselves - at the click of a mouse. Prognos developed this for the German Insurance Association (GDV).

What are the financial implications of possible changes in the pension system? With the help of the virtual calculation tool ‘Pension Minister’, interested parties can operate the central levers of pension insurance - such as pension level or contribution rate - themselves and read the consequences directly. Prognos AG developed the tool on behalf of the GDV.

The results show that demographic change cannot be reformed away. The ageing of the population and above all the changes in the age structure are an increasing challenge for the financing of statutory pension insurance.

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Prognos is one of the oldest economic research centres in Europe. Founded at the University of Basel, Prognos experts have been conducting research for a wide range of clients from the public and private sectors since 1959 – politically independent, scientifically sound.

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