Czech Pension Reforms and Their Background
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F17%3A%230000294" target="_blank" >RIV/04274644:_____/17:#0000294 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.21008/j.0239-9415.2016.073.19" target="_blank" >http://dx.doi.org/10.21008/j.0239-9415.2016.073.19</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.21008/j.0239-9415.2016.073.19" target="_blank" >10.21008/j.0239-9415.2016.073.19</a>
Alternative languages
Result language
angličtina
Original language name
Czech Pension Reforms and Their Background
Original language description
Czechoslovak old-age pensions were heavily earnings-related. The 1996 reform confirmed the trend to the flat-rate pensions. The Executive Team for the preparation of the reform (2005) analysed the reform concepts of individual political parties, mainly by the modelling of expenditures and receipts, not by their systemic analysis. They blew away the NDC scheme, recommended by the World Bank to us, with inappropriate parameters. Later the lobbyists Expert Advisory Forum (2010) concentrated on the support of „diversification“, aiming at the introduction of mandatory pension savings. Under the influence of different political and economic interests the Government decided for the „voluntary“ opt-out + addon, its successful realization was made impossible basically by the very existence of, in a sort of way, a strong supplementary pension insurance and by not permitting the use of life insurance sales model in the new „retirement savings“ scheme. Today no political party struggles for a paradigm pension ref
Czech name
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Czech description
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Classification
Type
J<sub>ost</sub> - Miscellaneous article in a specialist periodical
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Zeszyty Naukowe Politechniki Poznańskiej, Organizacja i Zarządzanie
ISSN
0239-9415
e-ISSN
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Volume of the periodical
73
Issue of the periodical within the volume
3
Country of publishing house
PL - POLAND
Number of pages
14
Pages from-to
289-302
UT code for WoS article
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EID of the result in the Scopus database
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