Czech Pension Reform: How to Reconcile Equivalence with Fiscal Discipline

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F15%3A10296036" target="_blank" >RIV/00216208:11230/15:10296036 - isvavai.cz</a>
Result on the web
<a href="http://www.cejpp.eu/index.php/ojs/article/view/226/142" target="_blank" >http://www.cejpp.eu/index.php/ojs/article/view/226/142</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Czech Pension Reform: How to Reconcile Equivalence with Fiscal Discipline
Original language description
One of the recent changes in the Czech Republic's pension system was provoked by a petition to the Constitutional Court. The setting of bend points for determining the amount of pensions depending on the insured person's previous earnings was contested as discrimination against higher income categories. The Constitutional Court granted the petition. The result was an approval and implementation of an amendment to Act No. 155/1995 Coll., on Pension Insurance, that for the purposes of calculating the level of old-age pensions favoured the highest income decile at the expense of most other insured persons, namely those with middle incomes. Simultaneously, the political criterion of fiscal discipline was applied to ensure the financial sustainability of the pension system. In analysing this case, we critically adopt the theory of actor-centred institutionalism and the theory of the policy cycle. From the nature of the analysed case it follows that we pay attention mainly to the legislative
Czech name
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Czech description
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Type
J<sub>x</sub> - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)
CEP classification
AH - Economics
OECD FORD branch
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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