Pensions: Hard, Soft or No Compulsion?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F14%3A%230000466" target="_blank" >RIV/26138077:_____/14:#0000466 - 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
Pensions: Hard, Soft or No Compulsion?
Original language description
The liberal, conservative, and social-democratic pension models basically differ in their philosophy and parameters. They agree on the obligation to have 1 - 2 pension pillars. The neoliberal pension model, with its construction, tries to combine individual choice (and liability, including the exposure to investment risk) with government regulation. This is difficult and associated with objectively high transition and overhead costs. To facilitate the reforms and increase the coverage, there methods ofsoft compulsion have been elaborated: opt-out, automatic enrolment, and matching contributions. Not only did the Czech pension reform of 2013 fail in respect of the coordination and regulation of all pension pillars and the two soft compulsion methods, but it also came at an absolutely inconvenient time. Czechia, in addition to others, may apply the model recommended by the World Bank.
Czech name
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Czech description
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Publication year
2014
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
18th International Conference Current Trends in Public Sector Research
ISBN
978-80-210-6611-3
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
107-114
Publisher name
Masarykova univerzita Brno
Place of publication
Brno
Event location
Šlapanice
Event date
Jan 1, 2014
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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