The difference in present value of retirement pensions for education groups
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11310%2F14%3A10281721" target="_blank" >RIV/00216208:11310/14:10281721 - isvavai.cz</a>
Alternative codes found
RIV/61384399:31140/14:00044893
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The difference in present value of retirement pensions for education groups
Original language description
The retirement pension in the Czech Republic is to some extend dependent on the preretirement average income. Due to the fact that the average income is higher for segments of population with higher education, the retirement pension will also tend to behigher for individuals with higher education. There is however also an additional aspect amplifying this difference which is rarely mentioned in this context. Namely the fact that the population segments with higher education have also higher expected lifetime and hence not only that they earn higher annuity amounts but also they on average earn the pension longer. Both these aspects contribute to the difference in the present value of a retirement pension. The purpose of this article is to quantify this difference of the retirement pension by four education groups using the income statistics and unique life tables constructed for different educational groups. The results show that differences are relatively large.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AO - Sociology, demography
OECD FORD branch
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Result continuities
Project
<a href="/en/project/GAP404%2F12%2F0883" target="_blank" >GAP404/12/0883: Cohort life tables for the Czech Republic: data, biometric functions, and trends</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
The 8th International Days of Statistics and Economics: Conference Proceedings
ISBN
978-80-87990-02-5
ISSN
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e-ISSN
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Number of pages
7
Pages from-to
1715-1721
Publisher name
Melandrium
Place of publication
Prague
Event location
Prague
Event date
Sep 11, 2014
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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