The difference in present value of retirement pensions for education groups

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11310%2F14%3A10281721" target="_blank" >RIV/00216208:11310/14:10281721 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/61384399:31140/14:00044893

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The difference in present value of retirement pensions for education groups

Popis výsledku v původním jazyce

The retirement pension in the Czech Republic is to some extend dependent on the preretirement average income. Due to the fact that the average income is higher for segments of population with higher education, the retirement pension will also tend to behigher for individuals with higher education. There is however also an additional aspect amplifying this difference which is rarely mentioned in this context. Namely the fact that the population segments with higher education have also higher expected lifetime and hence not only that they earn higher annuity amounts but also they on average earn the pension longer. Both these aspects contribute to the difference in the present value of a retirement pension. The purpose of this article is to quantify this difference of the retirement pension by four education groups using the income statistics and unique life tables constructed for different educational groups. The results show that differences are relatively large.

Název v anglickém jazyce

The difference in present value of retirement pensions for education groups

Popis výsledku anglicky

The retirement pension in the Czech Republic is to some extend dependent on the preretirement average income. Due to the fact that the average income is higher for segments of population with higher education, the retirement pension will also tend to behigher for individuals with higher education. There is however also an additional aspect amplifying this difference which is rarely mentioned in this context. Namely the fact that the population segments with higher education have also higher expected lifetime and hence not only that they earn higher annuity amounts but also they on average earn the pension longer. Both these aspects contribute to the difference in the present value of a retirement pension. The purpose of this article is to quantify this difference of the retirement pension by four education groups using the income statistics and unique life tables constructed for different educational groups. The results show that differences are relatively large.

Druh

D - Stať ve sborníku

CEP obor

AO - Sociologie, demografie

OECD FORD obor

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Projekt

<a href="/cs/project/GAP404%2F12%2F0883" target="_blank" >GAP404/12/0883: Generační úmrtnostní tabulky České republiky: data, biometrické funkce a trendy</a><br>

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2014

Kód důvěrnosti údajů

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

Název statě ve sborníku

The 8th International Days of Statistics and Economics: Conference Proceedings

ISBN

978-80-87990-02-5

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

1715-1721

Název nakladatele

Melandrium

Místo vydání

Prague

Místo konání akce

Prague

Datum konání akce

11. 9. 2014

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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