What Does Sustainable Pension Reform Look Like?

Aging, and in particular the bow wave of baby boomers, will mean that in the future fewer and fewer working people will have to pay for more and more pensioners. In the daily talk on ARD alpha, Professor Christian Hagist, Chair of Economic and Social Policy at the WHU - Otto Beisheim School of Management, answers questions about our pension system. His credo: In order to prevent the intergenerational contract from being unilaterally terminated by the young, it must be renegotiated. 

Click here for the broadcast (German only, Prof. Hagist will join in at minute 27)