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Czech Pension System and Ways of its Rationalization

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F15%3A%230000673" target="_blank" >RIV/26138077:_____/15:#0000673 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Czech Pension System and Ways of its Rationalization

  • Original language description

    In 2010, the Constitutional Court of the Czech Republic stated that the complex construction of the pension system in nontransparent to a degree that it is de facto absolutely incomprehensible for its addressees. The so-called small and great pension reforms, which followed, contributed to the system transparency only very little. By contrast, the implementation of the so-called 2nd pillar in the form of an opt-out with high government subsidies complicated the entire system - if nothing else, then dueto the fact that we have a hypertrophied and heterogeneous third pillar (with 2-3 tiers) that relies on the utilization of extreme fiscal support. The basic (public) pension pillar consists of two, fully or substantially solidary tiers, which is not comprehensible. In the present situation, the 2nd pillar is absolutely redundant. The objective of the paper is to confront the basic components of the Czech pension system with the findings of pension theory and policy as well as the analyss

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    19th International Conference Current Trends in the Public Sector Research

  • ISBN

    978-80-210-7532-0

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    180-187

  • Publisher name

    Masarykova univezita

  • Place of publication

    Brno

  • Event location

    Šlapanice

  • Event date

    Jan 1, 2015

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article