Statutory and Early Retirement Age Regimes

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Statutory and Early Retirement Age Regimes

Popis výsledku v původním jazyce

Statutory retirement age is the most visible parameter of the old-age pension system and one which sets a clear signal for people in making economic decisions. The contribution analyses different concepts of statutory retirement ages under the different welfare regimes. These regimes and models have been heavily influenced by the politics and public choice. Early retirement age regimes became a new phenomenon in the latest half-century, making the retirement more flexible and risky – for the providers. The Czech experience reveals the fiscal risk of the retirement age reforms and of the financial illiteracy of the clients. Actuarial neutrality of the early retirement benefits should decrease the fiscal risk and support the equivalence principle in the Czech pension system. Statutory and early retirement ages play a different role under different pension pillars and products.

Název v anglickém jazyce

Statutory and Early Retirement Age Regimes

Popis výsledku anglicky

Statutory retirement age is the most visible parameter of the old-age pension system and one which sets a clear signal for people in making economic decisions. The contribution analyses different concepts of statutory retirement ages under the different welfare regimes. These regimes and models have been heavily influenced by the politics and public choice. Early retirement age regimes became a new phenomenon in the latest half-century, making the retirement more flexible and risky – for the providers. The Czech experience reveals the fiscal risk of the retirement age reforms and of the financial illiteracy of the clients. Actuarial neutrality of the early retirement benefits should decrease the fiscal risk and support the equivalence principle in the Czech pension system. Statutory and early retirement ages play a different role under different pension pillars and products.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50200 - Economics and Business

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

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

Název statě ve sborníku

Proceedings of the 14th International Conference „Economic Policy in the European Union Member Countries“

ISBN

9788075102102

ISSN

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e-ISSN

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Počet stran výsledku

12

Strana od-do

802-813

Název nakladatele

Silesian University

Místo vydání

Karviná

Místo konání akce

Petrovice u Karviné

Datum konání akce

1. 1. 2016

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000403638200085