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Extra info for Ageing And Employment Policies Czech Republic: Czech Republic (Private Pensions Series)
2. – 61 Inactivity because of illness or disability in selected OECD a member countries, 2001 Percentage of the population in each age group Men aged 50-54 Men aged 55-59 5 10 15 20 25 30 35 0 5 10 15 20 DNK SVK OECD IRL ESP CZE BEL USA PRT LUX ISL HUN CHE ITA DEU GRC FRA AUT 25 POL 10 15 20 35 0 5 10 15 30 35 0 5 10 15 20 25 25 30 35 SWE NOR FIN DNK POL NLD ISL NOR NLD SWE GBR FIN DNK ISL USA SVK OECD PRT CZE HUN ESP CHE FRA LUX DEU BEL ITA IRL AUT GRC 25 20 Women aged 60-64 POL DNK NOR NLD SVK GBR SWE HUN CZE OECD FIN USA PRT ISL BEL CHE ESP LUX FRA DEU IRL ITA AUT GRC 5 30 Women aged 55-59 Women aged 50-54 0 FIN POL NOR GBR SWE NLD FIN SVK NLD GBR NOR DNK CZE LUX SWE HUN OECD ESP IRL USA FRA BEL DEU PRT ITA ISL GRC CHE AUT FIN GBR DNK HUN SVK NOR SWE CZE USA IRL NLD LUX BEL OECD ESP FRA ISL PRT DEU AUT ITA GRC CHE 0 Men aged 60-64 POL POL PRT OECD GBR USA ESP SVK CZE ITA LUX CHE HUN DEU IRL BEL GRC FRA AUT 30 35 0 a) Data for Germany and Sweden refer to 2000.
The estimates are derived using pseudo-cohorts by five-year age groups for persons initially aged 40 and over. They are calculated by weighting the average age of each cohort over a given five-year period by its share of the total decline in participation rates for all cohorts between the beginning and end of the period. b) For women in the Czech Republic, the retirement age ranges between 57 and 61 years of age, depending on the number of children. Source: OECD estimates. AGEING AND EMPLOYMENT POLICIES: CZECH REPUBLIC– ISBN-92-64-01661-9 © OECD 2004 CHAPTER 2.
Subsequently, reforms have aimed at establishing a supplementary, voluntary private pension system supported by the State, as well as strengthening the finances of the public pension system. During the 1990-2003 period, pensions were adjusted a total of 17 times to compensate for inflation and correct for differences between pensions granted in different periods. 1990-92: Removal of discrimination for self-employed persons. Cancellation of preferences in the pension system. 1993: Separation of contributions from taxes.
Ageing And Employment Policies Czech Republic: Czech Republic (Private Pensions Series) by Organisation for Economic Co-Operation and Development