RETIREMENT AGE IN THE CONTEXT OF PUBLIC FINANCE IMPLICATIONS
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F19%3A43900475" target="_blank" >RIV/60076658:12510/19:43900475 - isvavai.cz</a>
Result on the web
<a href="http://sehs.educast.cz/subdom/sehs/wp-content/uploads/2020/01/sehs_prosinec2019_web-2.pdf" target="_blank" >http://sehs.educast.cz/subdom/sehs/wp-content/uploads/2020/01/sehs_prosinec2019_web-2.pdf</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
RETIREMENT AGE IN THE CONTEXT OF PUBLIC FINANCE IMPLICATIONS
Original language description
The aging of population, which is a pan-European as well as Czech trend, will have a significant impact after 2030, fundamentally affecting public finances. For this reason, a possible extension of the retirement age is also being considered. So far, two alternatives have been presented - retirement age of 65–67 years after 2035 and a maximum age limit of 65 years. The age limit of 65 is unacceptable for some professions due to the accelerated depreciation of human capital. Therefore, economically efficient retirement schemes should be set up for early retirement for professions with significant physical and mental stress, hazards (mining, metallurgy, construction, airmen, rescuers, etc.). At the same time, the onset of the Industry 4.0 era, coupled with extensive technological changes, complicates the forecast for anchoring the retirement age. In particular, the situation requires addressing the current problems that the Czech economy and its pension system struggle with. From an economic point of view, it is a reduction of the retirement age for particularly demanding professions. This issue concerns the macroeconomic context with appropriate implications for public resources. Therefore, the paper requires an interdisciplinary approach to the processing of social sciences (especially economics, financial theory, social security law, sociology, demografy….).
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
50201 - Economic Theory
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Socioekonomické a humanitní studie
ISSN
1804-6797
e-ISSN
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Volume of the periodical
2
Issue of the periodical within the volume
2/2019
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
14
Pages from-to
89-103
UT code for WoS article
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EID of the result in the Scopus database
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