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Comparison of pension systems in Czechia and Denmark
Janda, Martin ; Šídlo, Luděk (advisor) ; Klapková, Michaela (referee)
Comparison of pension systems in Czechia and Denmark Abstract The main of thesis is to contribute to discussion on pension systems and their reforms with a focus on Czechia and Denmark. The Danish pension system is considered as the best in the world, that means it could serve as a model for the reform of the Czech pension system. The paper describes the general types of pension systems used worldwide and in more detail Czech and Danish pension systems. The second part introduces the expected population development of both countries in 2080 according to the projection EUROPOP 2013. In the analytical part of the paper are used two different models to calculated potential numbers of pensioners in 2075 and subsequently old dependency ratio. Both of models suggest a higher old dependency ratio in Czechia than Denmark.
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Liberal Critique and Reforms of Welfare State - The Case of Chile's Pension Reform
Žídek, Bohumír ; Angelovská, Olga (advisor) ; Potůček, Martin (referee)
My master thesis explores classical liberal attitudes towards the Welfare State. It deals especially with concepts developed by the so-called new classical liberals (also called neoclassical liberals) represented by scholars of the Arizona School. I use their ideas to reconstruct free-market liberal theory of social justice, which is then applied to pension reforms in Chile and Sweden. The thesis also recollects critiques of public pension systems by public choice theory scholars, which are then used to explore a nature of the aforementioned pension reforms. In cases of both reforms, these theoretical frameworks are used to evaluate data obtained by a desk research. Relevant documents and also data of international organizations and national statistical offices were used. In its last part, the thesis evaluates primary data obtained by semi-standardized interviews with seven Czech classical liberals and explores their attitudes towards both the free market liberal theory of social justice and pension reforms in Chile and in Sweden. Abstrakt Diplomová práce zkoumá vztah klasického liberalismu k sociálnímu státu. Zabývá se zejména koncepty vyvinutými takzvanými novými klasickými liberály reprezentovanými především badateli arizonské školy. Jejich ideje využívám k rekonstrukci tržně liberální teorie...
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The Coordination of Social Security System in the European Union in the Case of Pensions (2016)
Měska, Ondřej ; Brabec, Petr (advisor) ; Barák, Vladimír (referee)
The thesis presents a complex analysis of the social security system in the European Union with a special emphasis on the pension systems, or better, their coordination. The existing level of pension systems coordination has been a result of a long development process that is reflected in a sophisticated legislation. The thesis also introduces a case study in which an individual has gained a working experience from five EU countries and applies for the retirement pension in the last of these countries. This case study has been prepared in order to review the overall pension system functionality as well as to demonstrate its weeknesses. In the final part of the thesis, the author summarizes his recent conclusions and finds the EU system to be very elaborate in the field of legislation and its overall coordination. However, the system hardly allows to an ordinary citizen to calculate his/her expected retirement amount that would i.e. enable him/her to anticipate his/her standard of living as a retiree.
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Comparison of pension systems in Czechia and Denmark
Janda, Martin ; Šídlo, Luděk (advisor) ; Klapková, Michaela (referee)
Comparison of pension systems in Czechia and Denmark Abstract The main of thesis is to contribute to discussion on pension systems and their reforms with a focus on Czechia and Denmark. The Danish pension system is considered as the best in the world, that means it could serve as a model for the reform of the Czech pension system. The paper describes the general types of pension systems used worldwide and in more detail Czech and Danish pension systems. The second part introduces the expected population development of both countries in 2080 according to the projection EUROPOP 2013. In the analytical part of the paper are used two different models to calculated potential numbers of pensioners in 2075 and subsequently old dependency ratio. Both of models suggest a higher old dependency ratio in Czechia than Denmark.
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The Analysis of the Pension Systems and Pension Reforms and their Possible Applications in the CR
Hrdý, Milan ; Štefko, Martin (advisor) ; Bělina, Miroslav (referee)
The submitted thesis deals with the analysis of pension systems with possible application of acquired knowledge on the conditions of the Czech Republic. Theoretically, the work is based on analysis of pension insurance and pension systems, as well as on the analysis of possible ways of implementation of pension reforms. From a practical point of view pension systems and reforms in selected countries are analyzed. These theoretical and practical bases are subsequently used for a comprehensive analysis of the pension system in the Czech Republic, including an analysis yet undertaken pension reforms. The knowledge gained is then synthesized into the appropriate conclusions and some concrete suggestions are made for specific adjustments to the system in the future. The pension system in the Czech Republic is a modern pension scheme which includes elements of solidarity and merit and excluding state pay system enables the system of additional forms of security under the third pillar of the pension system. Problems occur in conformity political representation on systemic changes in the pension system which had a negative impact in the initial implementation and subsequent cancellation of the second pension pillar. For the future, it is recommended primarily to use the Pan-European pension system with the...
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The possible development of Czech pension system
Nýdrle, Tomáš ; Urban, Jan (advisor) ; Pokorný, Jan (referee)
The Czech pension system will change substantially in the coming decades. Demographic changes will cause its financial instability while keeping its current parameters. Financial stability of the pension system can be reached through expenditure reduction and increase in revenues of the pension system. We can expect a real decline of the average pensions paid on the level of dozens of percentages in the coming decades. The decision between pay as you go and fund pension scheme is not affected by the demographic situation. The individuals should decrease their expenditures and ensure additional revenue in retirement to secure their standard of living. The family solidary can provide certain social security in retirement. The preservation of minimal level of population reproduction is vital for both pay as you go and fund pension schemes.
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Analysis of Old-ahe pension schemes
Veverková, Jana ; Mlčoch, Lubomír (advisor) ; Schneider, Ondřej (referee)
Master Thesis Analysis of Old-age Pension Schemes provides comparison of pay-as-you-go system and funding pensions from the theoretical point of view. Comparison is made assuming constant population and population under demographic crisis as well. Next issue is a demographic development of the Czech republic. The thesis answers the question whether demographic crisis in the Czech republic occurs. The last part of the thesis analyses the current pension system of the Czech republic assuming analysed development of population growth.
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Implicit Pension Debt in the EU Member States
Doležal, Vítězslav ; Schneider, Ondřej (advisor) ; Votápková, Jana (referee)
The diploma thesis examines the implicit pension debt in the fifteen EU countries. The Holzmann et al. (2011) methodology is applied to show the impact of population ageing on the pension systems in the EU. The implicit pension debts demonstrate the considerable hidden debt burden in the all fifteen countries. The implicit pension debts range in the interval from 47 % of GDP for the Czech Republic to 906 % for Greece. Nine of the analyzed countries record the implicit pension debts in the interval 100 - 300 % of GDP. The sensitivity analysis and the comparison with other studies confirm our findings. The thesis points out sizeable imbalances among the particular countries, genders and age cohorts.
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Age financed by the benefits from pension pillars
Hübner, Ondřej ; Radová, Jarmila (advisor) ; Brodani, Jana (referee)
In diploma thesis titled Age financed by benefits from pension pillars, is a reader first of all informed about a classification of various pension systems. In the following text is described pension system of the Czech Republic in many details, which forms two pillars in present time. According to the description of the Czech pension system, is also explained demographic situation from historical and future context. Very important is also considered explanation and description of pension systems in other countries, which is based on OECD report from 2015. In practical part is a used methodic of Melbourne Mercer Global Pension index. The evaluation of pension systems is very detailed in selected countries except Czech Republic. The index methodology is applied on Czechs pension system in last part of the diploma thesis. Final index evaluation is used for the proposal improvement of pension system.
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