Is the Pension System in the Czech Republic Sustainable in the Long Run?

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26138077%3A_____%2F15%3A%230000870" target="_blank" >RIV/26138077:_____/15:#0000870 - 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
Is the Pension System in the Czech Republic Sustainable in the Long Run?
Original language description
The objective of the presented paper is to assess whether the pension system in the Czech Republic is sustainable in the long run ? in the light of expected demographic trends ? and to point out some solutions that could contribute to ensuring dignifiedlife in old age for potential beneficiaries of old-age pensions in the years to come. In its Strategy for modernising social protection, the European Union requires all Member States to pay close attention to this issue. The expenditure on pension insurance benefits has been rising on a long-term basis in the Czech Republic, with steady increase of the share of expenditure on old-age pensions within the expenditure structure; since 1993, the expenditure on pensions has exceeded the pension insurance premium revenue by about CZK 350 billion. It is clear that the demands for the pension system will continue to mount in the years to come as a result of the population ageing; the parametric changes implemented under the first pillar of the
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
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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