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Pension reform: necessity or rent-seeking?
Paroubková, Martina ; Munzi, Tomáš (advisor) ; Koblovský, Petr (referee)
Pension reform is a very discussed topic of these days. Almost all groups of population agree that present system is unmaintainable because of the unfavourable demographic evolution. However, suggested methods of solution are various. This work is focused especially on a possibility of transition to a mandatory saving that represents one of three pillars of the pension system. Its aim is to analyze if the reform of the pension system can be a contribution for the whole population or only for certain groups. The paper will evaluate results from the countries in which reform has already passed (especially Chile), sum up if the pension privatization was an effective step and judge if this system is applicable also in the Czech Republic. The final report of Bezděk committee that has been analyzing the current system and suggesting changes in the system will be another source of reference. In conclusion the work should answer the question if the fund system is more suitable than the current PAYG system in the Czech Republic.

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