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Nepříspěvkové doby pojištění - významný prvek české důchodové reformy
[Non-contributory periods - a significant element of the czech pension reform]

Author

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  • Martin Holub

Abstract

Non-contributory periods is one of the key issues in the public discussion on the planned reform of the pension system in the Czech Republic. This article focuses on a detailed analysis of non-contributory periods in the Czech pension system and their impact on pension system balance and micro and macro economic connections. The extent of non-contributory periods considered in the pension system represents one of the theoretical possibilities of parametric changes to the pension insurance system. The amount of non-contributory periods or the proportion between non-contributory periods and years worked, or the proportion between paid insurance and non-contributory periods (potential loss of insurance contributions) has, to date, merely been estimated in the Czech Republic. The study presents the first accurate figures, based on unique individual data on insured persons. The analysis reveals that non-contributory periods are a significant element of the Czech pension system amounting to 22.4% of the total insurance period. The average duration of non-contributory periods for current pensioners is 8.7 years.

Suggested Citation

  • Martin Holub, 2009. "Nepříspěvkové doby pojištění - významný prvek české důchodové reformy [Non-contributory periods - a significant element of the czech pension reform]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(4), pages 471-494.
    • Handle: RePEc:prg:jnlpol:v:2009:y:2009:i:4:id:694:p:471-494
    DOI: 10.18267/j.polek.694
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    Citations

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    Cited by:

    1. Petr Janský, 2015. "The Government-Subsidized Supplementary Retirement Savings Scheme: Determinants of Participation Rate and Contribution Size [Penzijní připojištění: kteří občané se jej účastní nejvíce a platí nejvy," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2015(3), pages 43-55.

    More about this item

    Keywords

    pension reform; social insurance; non-contributory periods; pension scheme; principle of equivalence; principle of solidarity;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions

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