Statutory and Early Retirement Age Regimes

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F16%3A%230000295" target="_blank" >RIV/04274644:_____/16:#0000295 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Statutory and Early Retirement Age Regimes
Original language description
Statutory retirement age is the most visible parameter of the old-age pension system and one which sets a clear signal for people in making economic decisions. The contribution analyses different concepts of statutory retirement ages under the different welfare regimes. These regimes and models have been heavily influenced by the politics and public choice. Early retirement age regimes became a new phenomenon in the latest half-century, making the retirement more flexible and risky – for the providers. The Czech experience reveals the fiscal risk of the retirement age reforms and of the financial illiteracy of the clients. Actuarial neutrality of the early retirement benefits should decrease the fiscal risk and support the equivalence principle in the Czech pension system. Statutory and early retirement ages play a different role under different pension pillars and products.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2016
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Proceedings of the 14th International Conference „Economic Policy in the European Union Member Countries“
ISBN
9788075102102
ISSN
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e-ISSN
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Number of pages
12
Pages from-to
802-813
Publisher name
Silesian University
Place of publication
Karviná
Event location
Petrovice u Karviné
Event date
Jan 1, 2016
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000403638200085

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