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Calculation tool turns users into 'pension ministers'

Calculation tool on behalf of the 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.

Autor: Oliver Ehrentraut

Kunde: German Insurance Association

Jahr: 2018

Typ: Editorial Article