Alterssicherung und Politik bei schrumpfender Bevölkerung
Security for the aging people and the politic in the decreasing population

Summary/Abstract: The article discusses the consequences of birth decline in Germany and other European countries especially for the old-age pension system. Income of old people has to be part of the national income of the same period so that it could be gained through taxes from the active working population. Capital building outside the national borders only can bring little help but it is connected with many risks. The political implication of longer living population and birth decline is that the majority of voters are older than 60 years. But there is no fear of government of the aging people because the interests of old people are heterogeneous.

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