Děti, penze a pojistné
Children, pensions and premiums

Summary/Abstract: A situation has arisen in a number of countries whereby there is a shortage of children to fund their parents' public pensions in the future. Consequently, there have been shifts in family policy, most notably in services and benefits for families with small children. Studies conducted in Germany demanded a fundamental overhaul of the existing pay-as-you-go social pension insurance system and the introduction of a child's supplement as a new pillar of the system. In the Czech Republic, the Expert Commission for Pension Reform has discussed alternative proposals for factoring the raising of children into the financing of public pensions. The aim of this paper is to analyse the child's supplement and similar proposals from the perspective of social models, focusing on the German and Czech pension systems and how they deviate from these models. The analysis of the hitherto existing "intergenerational contract" includes an analysis of the general concepts of old-age pensions, including questions of valorisation or indexation, as well as stabilisation mechanisms in the modern type of social pension insurance.

• Details
• Contents