From the Conservative welfare state to an 'uncertain something else': German pension politics in comparative perspective

Wolfram Lamping · Friedbert W. Rüb

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Social Policy and Reform Studies Employment, Labor, and Gender Studies German Economic Analysis & Policies

Abstract

English The 2001 German pension reform represents the beginning of a new welfare politics of a new welfare state. It adds to the former exclusively pay-as-you-go financed public system a capitalfunded private pillar. This private pillar is a politically regulated welfare market. The new pension policy is a striking example of a structural reform in a politically risky policy field. This change was made possible by two processes: first, running out of options in respect of traditional concepts of problem solving and, second, a new experimental policy style. As a result, the new German welfare state is on an irrevocable path from a conservative welfare state to a new recombinant type mixing different elements of ‘worlds of welfare’.

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