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National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
The comparison of pension systems in the Visegrád Group focused on the Czech Republic
 Hlavová, Kristýna ; Ježek, Tomáš (advisor) ; Damborský, Milan (referee)
Visegrád countries were forced to adopt a widespread pension reform due to demographic facts. This reform led to the creation of the 2nd pillar. This thesis deals with this new funded pillar, which should facilitate the financing of the PAYG system (1st pillar). Using comparative analysis I reveal why all of Visegrád countries reduce 2nd pillar after several years of its functioning. The most common reason for this reducing was an effort to improve the unsatisfactory situation of public finances. The abolition of 2nd pillar actually leads to a certain improvement of public debt and deficit, but this positive effect is only short-term. More specifically I focus on the arguments of the Government for the abolition of the funded pillar in the Czech Republic, which I consider largely baseless. I also discuss the possible impacts of the reducing of the 2nd pillar. Currently, the countries of V4 try to save their pension systems using the 3rd pillars, however the current form of this supplementary pillar cannot provide a sufficient financing of the PAYG system.
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Funded pensions in the Czech republic conditions - evaluation and future trends
 Zelenka, Radim ; Hamerníková, Bojka (advisor) ; Klazar, Stanislav (referee) ; Nemec, Juraj (referee)
My thesis is concerned to old age pension scheme issue in the Czech republic conditions. There is an analyse of PAYG and funded system from individual point of view. The aim of this work is to construct a model which would be able to inform individuals about the effectiveness of each current pension pillar. Model of comparison defined pension age break-even point, which represent age when the total amount of contributions payd are equal to retired pay received. By using original model, it is possible to find minimum desired value of returns from private pension funds.
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