Detailed Information on Publication Record

@inproceedings{48589,
   author = {Vostatek, Jaroslav},
   address = {Prague},
   booktitle = {Teoretické a praktické aspekty veřejných financí : XXV. ročník mezinárodní odborné konference},
   keywords = {Czech pension system; pension reform; pension pillars; welfare regimes},
   howpublished = {elektronická verze "online"},
   language = {eng},
   location = {Prague},
   isbn = {978-80-245-2318-7},
   pages = {1-8},
   publisher = {Vysoká škola ekonomická v Praze},
   title = {Czech Pension Reform Plan},
   url = {https://kvf.vse.cz/tapapf/wp-content/uploads/page/24/TPAVF_Book_of_Abstracts_2021.pdf},
   year = {2021}
}

TY  - JOUR
ID  - 48589
AU  - Vostatek, Jaroslav
PY  - 2021
TI  - Czech Pension Reform Plan
PB  - Vysoká škola ekonomická v Praze
CY  - Prague
SN  - 9788024523187
KW  - Czech pension system
KW  - pension reform
KW  - pension pillars
KW  - welfare regimes
UR  - https://kvf.vse.cz/tapapf/wp-content/uploads/page/24/TPAVF_Book_of_Abstracts_2021.pdf
N2  - Czech public pensions are incomprehensible for its participants. Pension theory recommends their splitting into two pension pillars: a flat pension and an earnings-related pension. The government failed to formulate a pension reform, attracting pure marketing. Minister of Labor and Social Affaires assumed the initiative, declaring to realize a “fair” pension reform. Her plan includes a separate flat/basic old-age pension at the level of 28% of NAE. Fair amount/bonus shall be introduced for each child raised (for one parent). Another fair bonus shall be generated to all participants with more than 35 years of insurance. The Prime Minister responded with the OECD pension review. This Review confirmed the 2 tiers but not e.g., the “fair” bonuses. A key recommendation is to strengthen the role of the funded system in the overall pension system, in the neo-liberal style. We compare the mentioned pension reform plans with typical welfare regimes, and we present a simple solution for Czechia.
ER  - 

VOSTATEK, Jaroslav. Czech Pension Reform Plan. Online. In \textit{Teoretické a praktické aspekty veřejných financí : XXV. ročník mezinárodní odborné konference}. Prague: Vysoká škola ekonomická v Praze, 2021, p.~1-8. ISBN~978-80-245-2318-7.