Demographic Changes and Pension System in Czech Republic
Abstract
The analysis of both demographic structure and normative changes influence on the pension system in the Czech Republic between 2000 and 2005 was conducted. In the researched period the number of population was characterised by a falling tendency and the population growth rate had negative values in the interval from -0.6% to -1.8%. However, the demographic dynamics rate had a growing tendency. Between 2000 and 2005 the share of population at productive age (of 15-64) and non-productive age (65 and more) increased. Moreover, in the investigated period the system dependency ratio fell. It comes from a higher number of insured in comparison to beneficiaries. Simultaneously the revenues and expenditures preserve an increasing tendency. It can be stated that the demographic situation was improved and together with the introduced reform of pension system, it led to its financial stability
Keywords
Demographic process; Demographic transformation; Pension schemes; Demographic structure
References
Czech Statistical Office 2004. 2004. Statistical Yearbook of the Czech Republic.
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Czech Statistical Office 2006. 2006. Statistical Yearbook of the Czech Republic.
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Uniwersytet Przyrodniczy w Poznaniu Poland
Uniwersytet Przyrodniczy w Poznaniu Poland
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