D 2016

Pension Sharing

VOSTATEK, Jaroslav

Basic information

Original name

Pension Sharing

Authors

VOSTATEK, Jaroslav (203 Czech Republic, guarantor, belonging to the institution)

Edition

Brno, Špalková, D., Matějová, L. (eds.): Proceedings of the 20th International Conference „Current Trends in Public Sector Research 2016, p. 207-214, 8 pp. 2016

Publisher

Masaryk University

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

RIV identification code

RIV/04274644:_____/16:#0000104

Organization unit

University of Finance and Administration

ISBN

978-80-210-8082-9

UT WoS

000379382400026

Keywords in English

old-age pensions; widow pensions; gender gap; pension rights for divorcees; pension sharing
Změněno: 29/3/2017 09:43, Ing. Dominika Moravcová

Abstract

V originále

A proposal to introduce sharing of assessment base by spouses in the Czech social pension insurance is confronted with the pension theory and policy. The proposed "joint social insurance" should arise automatically, with the option of cancellation based on an agreement. The case has primarily confirmed the need to respect the basic concept of public pensions in the given country. The concept of pensions as entitlements of individuals, and not families, is in conflict with the mentioned proposal which cannot be overcome in the conditions of the complicated defined benefit system. After a potential transition to a notional defined contribution system the sharing of pensions would be feasible - but not necessary. A separate issue is potential dividing of pension entitlements in case of a divorce which can be implemented as a part of dividing the joint assets, regardless of the pension concept. The importance of dividing of pension entitlements is lower in the Czech Republic than in most other countries as a result of a relatively small gender gap in pensions, which is a result of the dominant role of an implicit flat-rate pension in the system. These conclusions are based on a system analysis of foreign experience.