Policy Article

Will social security be in deficit? (in German)

Kiel Policy Brief, 91

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Authors

Boss
A.

Publication Date

07/2015

Key Words

Contribution Rate

Pensions

Social Insurance

Related Topics

Germany

Fiscal Policy & National Budgets

Labor Market

Welfare State

The surplus of the social security system in Germany will continue to decline in 2015 and in 2016 despite of the favourable economic development, according to a forecast by the Kiel economist Alfred Boss. The overall rate of contributions to social security will remain constant. However, the expenditures will increase strongly, mainly because of additional expenditures for pensioners.

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