Přehled o publikaci

The aim of this contribution is to compare the basic structures of the Austrian and Czech pension systems. Czech “social” pension insurance requires fundamental reform, concerning which it is possible to consider the experience of neighbouring Austria, which has recently significantly modernized its historical Bismarckian system. The article applies the typology of social models and addresses the calculation of pension entitlements in the basic pension pillar and the assessment of the amount of pension insurance. It focuses on systemic logic and technology, rather than on the long-term sustainability of the parameters of the current pension system, which can be changed on a continuous basis and adapted to the development of the population and the economy. However, the fundamental problem with the Czech system concerns the comprehensibility of the construction of old-age pensions - to the extent that even the calculation of the basic and percentage pension assessments lacks basic logic. Therefore, we leave aside, for example, the specifics of child and parent security and the issue of the privatization of social pension insurance. The results revealed significant structural differences between the Austrian and Czech systems. While the Austrian system is based on transparent, contribution-based calculations and follows the principles of social insurance, the Czech model relies on the national average income, reflects only limited correlation to the earnings of individuals, and largely functions as a wage tax. The Austrian “pension account” comprises a proven calculation and information system, based on which the Czech pension system can be significantly simplified