The purpose of the paper is to review the structure and performance of the Czech pension system and examine alternative reform options. The paper shows that in the absence of reform the deficits of the Czech pension system may exceed 8 percent of GDP in 2050. To contain these deficits the paper explores two major pay-as-you-go (PAYG) reform options. The first major option is a standard parametric reform that preserves the defined benefit (DB) scheme...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2002/06/30
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Рабочие документы (нумерованная серия)
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24675
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1
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1
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2010/07/01
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Czech pension system : challenges and reform options
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accounting