PENSION REFORM IN THE CZECH REPUBLIC Cover Image

PENSION REFORM IN THE CZECH REPUBLIC
PENSION REFORM IN THE CZECH REPUBLIC

Author(s): Taťána Lyčková
Subject(s): Government/Political systems, Welfare systems, Socio-Economic Research
Published by: Masarykova univerzita
Keywords: Pension schemes; reform; insurance; PAYG (pay-as-you-go) financing;
Summary/Abstract: Currently, the situation of the state pension schemes is being reformed in many European countries due to the demographic changes (increasing number of the people drawing pensions and decreasing number of the people contributing to the social insurance scheme). Even the Czech Republic could have insolvency problem if no changes of the current pension scheme based on the PAYG (pay-as-you-go) financing are implemented.

  • Page Range: 41-46
  • Page Count: 6
  • Publication Year: 2010
  • Language: English