Dissertation_Paula Aleksandrowicz_12 ... - Jacobs University

levied on persons who take up the pension between their 60 th and 63 rd year of age.
Recipients of the pension who are younger than 60 have to bear a permanent lump-sum
malus of 10.8 per cent.
Table 3: Retirement pathways and pensionable ages in Germany as of Jan. 2008
Pensionable age
60 61 62 63 64 65 66 67
Retirement
pathway
old-
Standard
age pension
Full pension
(for persons
born before
1947)
Full pension
(for persons
born 1947-
1958 16 )
Full pension
(for persons
born 1959
and later 17 )
Seniority
pension
Old-age pension
for women
Expiry: 2012 (for
women born 1952
or later)
Deductions
of up to 18%
Deductions
of up to
14.4%
Deductions
of up to
10.8%
Deductions
of between
7.2% and
14.4%
Deductions
of up to
7.2% (full
pension for
women born
before 1943)
Deductions
of between
3.6% and
10.8%
Deductions
of up to
3.6% (full
pension for
women born
before 1944)
Deductions
of up to
7.2% (full
pension for
persons born
before 1949)
Full pension
for women
born before
1952
Deductions
of up to
3.6% (full
pension for
persons born
before 1959)
Old-age pension
for the severely
handicapped
Old-age pension
after
unemployment
and partial
retirement
Expiry: 2010
(with the
exception of
protected
acquired rights)
Deductions
of 10.8%
(available
only to
persons born
before 1952)
Deductions
of up to 18%
Deductions
of 10.8%
(available
only to
persons born
before 1959)
Deductions
of up to
14.4%
Deductions
of between
3.6% and
and 10.8%
(full pension
if born
before 1943)
Deductions
of up to
10.8%
The pension is still available at age 60-62
only to persons who have signed an ATZ
contract by the end of 2003 and to those
who have been dismissed before January 1 st ,
2004 (even if the dismissal took effect later)
Deductions
of up to
7.2% (full
pension if
born before
1952)
Deductions
of up to
7.2%
Deductions
of up to
3.6% (full
pension if
born before
1959)
Deductions
of up to
3.6% (full
pension
available to
persons born
before 1941)
Full pension
Full pension
available to
persons born
before 1952
Super-seniority
Full pension
pension
(from 2012)
Source: Own depiction based on Social Code VI: Statutory Pension Insurance and
www.bmas.de/portal/440/property=pdf/tabelle_anhebung_der_altersgrenzen_ab_2010.pdf.
As a form of a “public-private mix” (Ebbinghaus 2002: 137), on company level another
form of early exit was used, in agreement with the older workers themselves. It combined
the receipt of the unemployment benefit (used as a ´bridging pension´) and of the old-age
pension after unemployment with generous payments by the firm. The so-called ´59 rule´
16 For persons in this age bracket, the pensionable age will be raised by one month, i.e. persons born in 1947
can retire at the age of 65 years and one month and so on (Reimann 2007: 184).
17 For those birth cohorts, the pensionable age will be raised in two-month steps, i.e. persons born in 1959 can
retire at the age of 66 years and two months and so on (ibid).
49