This master{\crq}s thesis deals with the issue of the pension system in relation to the demographic development in the Czech Republic. In describes the pension system from its very beginning until the effective legislation regulated by Act No. 155/1995, on Pension Insurance. The Czech pension system is based on two pillars {--} the basic obligatory system of pension insurance where the principle of social solidarity is applied and that is based on continuous funding (PAYG), and the voluntary private pension scheme with a state contribution. The private scheme is conceived as individual savings and is based on capital funding. The financial balance of the pay-as-you-go system where the expenditures on the benefits for current pensioners are immediately paid from the funds of those who are economically active to a critical extent depends on the rate between the number of pensioners and the number of contribution payers. As the expenditure on old-age pension accounts for the highest share in the expenditure on pension insurance, the rate between the number of pensioners and the number of contribution payers is primarily determined by the age structure of the population. Similarly to all developed countries, the development of the age structure of the population of the Czech Republic is marked with ageing of population as a result of the stagnating or decreasing fertility and extension of the lifespan. Benefits derived from the period of insurance and generated earnings are then paid from the pension insurance. They include old-age pension, disability pensions, and survivors{\crq} pensions. The aim of this thesis was not only to map out the current situation, but to define pros and cons of effective legislation related to pension insurance based on interviews with employees of district social security administrations, taking into account the demographic development in the Czech Republic. It also aimed at establishing the opinion of the lay public on the operation of the existing system and providing it within the context of the answers given by the expert public. To achieve these objectives, the qualitative method of document analysis and questioning was applied. Research techniques included a secondary data analysis and a half-standardised interview. The reviewed set comprised 11 officers at pension departments of district social security administrations and 11 respondents from among the lay public. The results of the research show that the current setting of the pension system is regarded as rather negative. The changes that must be made must be comprehensive and going across multiple systems; with a functioning labour market and stable background for families with children being an utmost necessity. It is also necessary to change the thinking of the citizens of the Czech Republic where one should no longer rely on the state only, but build on a responsible approach to one{\crq}s life and provide for oneself with one{\crq}s own founds for any social event, not only including the loss of income due to old age. The opinions of the expert and lay public were the same in more than 80%. With respect to the information obtained, this thesis might be a useful contribution to the discussion on other legislative changes in the pension system with a subsequent positive impact when applied in practice.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:51773 |
| Date | January 2010 |
| Creators | HADAČOVÁ, Tereza |
| Source Sets | Czech ETDs |
| Language | Czech |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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