Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Transition from Work to Retirement in the Czech Republic and Slovakia

28.11.2007
The present Policy Brief reports differences in the participation of the elderly in the labour markets of two new Member States of the European Union – the Czech Republic and Slovakia.

The comparative analysis is all the more interesting because after the division of Czechoslovakia in 1993, the evolution of elderly employment and the choice of measures have been different in these countries.

Participation rates as well as employment rates of older workers are lower in Slovakia than in the Czech Republic, but these rates have risen after 2001 in both republics. In the Czech Republic, the unemployment in age group 50-54 is greater than unemployment in age group 55- 64. In Slovakia, unemployment of the elderly (especially women) is high but at a lower level than the unemployment of younger age groups (where the total rate of unemployment is one of the highest in Europe). In the Czech Republic we see a stronger support for elderly unemployed as for the rest of the unemployed population. In Slovakia, longer-lasting support for elderly unemployed has been recorded only before 2003. From 2004 – as a consequence of the ALMP reform – we find noticeable changes in Slovakia: instead of publicly or socially purposeful jobs, subsidies support activation activities (back-to-work training programme or performance of minor community works).

The comparison involves also the development of pension reforms in both countries. Whereas in the Czech Republic, the reform of the Pay-as-You-Go system was done in 1995 (starting year 1996), Slovakia prepared and introduced the reform of the Pay-as-You-Go system from the year 2004 onwards. The common mark of both reforms is the rising pension age as a beneficial factor of the increase in elderly employment. But the shape of the rising pension age was different in both countries. In the Czech Republic, the same system (favouring women with children) remained in place, but Slovakia changed it (with the gradually rising pension age for both men and women up to the same level). As a consequence, we find a higher pension age for men in the Czech Republic than in Slovakia (63 vs. 62 years), but a lower pension age for women. From 2005, Slovakia has continued its pension reform by building a funded pillar.

Generally, the Slovak pension reform is less solidarity-oriented than the Czech one, but shows more generosity for people with higher contributions. The impact on elderly employment (also due to a higher unemployment rate in Slovakia) is the same, i.e. positive.

Annette Hexelschneider | alfa
Further information:
http://www.euro.centre.org/list.php?ap_id=3&ap_name=Publications&type_id=6&type_name=Policy+Briefs

More articles from Studies and Analyses:

nachricht Innovative genetic tests for children with developmental disorders and epilepsy
11.07.2018 | Christian-Albrechts-Universität zu Kiel

nachricht Oxygen loss in the coastal Baltic Sea is “unprecedentedly severe”
05.07.2018 | European Geosciences Union

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Future electronic components to be printed like newspapers

A new manufacturing technique uses a process similar to newspaper printing to form smoother and more flexible metals for making ultrafast electronic devices.

The low-cost process, developed by Purdue University researchers, combines tools already used in industry for manufacturing metals on a large scale, but uses...

Im Focus: First evidence on the source of extragalactic particles

For the first time ever, scientists have determined the cosmic origin of highest-energy neutrinos. A research group led by IceCube scientist Elisa Resconi, spokesperson of the Collaborative Research Center SFB1258 at the Technical University of Munich (TUM), provides an important piece of evidence that the particles detected by the IceCube neutrino telescope at the South Pole originate from a galaxy four billion light-years away from Earth.

To rule out other origins with certainty, the team led by neutrino physicist Elisa Resconi from the Technical University of Munich and multi-wavelength...

Im Focus: Magnetic vortices: Two independent magnetic skyrmion phases discovered in a single material

For the first time a team of researchers have discovered two different phases of magnetic skyrmions in a single material. Physicists of the Technical Universities of Munich and Dresden and the University of Cologne can now better study and understand the properties of these magnetic structures, which are important for both basic research and applications.

Whirlpools are an everyday experience in a bath tub: When the water is drained a circular vortex is formed. Typically, such whirls are rather stable. Similar...

Im Focus: Breaking the bond: To take part or not?

Physicists working with Roland Wester at the University of Innsbruck have investigated if and how chemical reactions can be influenced by targeted vibrational excitation of the reactants. They were able to demonstrate that excitation with a laser beam does not affect the efficiency of a chemical exchange reaction and that the excited molecular group acts only as a spectator in the reaction.

A frequently used reaction in organic chemistry is nucleophilic substitution. It plays, for example, an important role in in the synthesis of new chemical...

Im Focus: New 2D Spectroscopy Methods

Optical spectroscopy allows investigating the energy structure and dynamic properties of complex quantum systems. Researchers from the University of Würzburg present two new approaches of coherent two-dimensional spectroscopy.

"Put an excitation into the system and observe how it evolves." According to physicist Professor Tobias Brixner, this is the credo of optical spectroscopy....

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Leading experts in Diabetes, Metabolism and Biomedical Engineering discuss Precision Medicine

13.07.2018 | Event News

Conference on Laser Polishing – LaP: Fine Tuning for Surfaces

12.07.2018 | Event News

11th European Wood-based Panel Symposium 2018: Meeting point for the wood-based materials industry

03.07.2018 | Event News

 
Latest News

A smart safe rechargeable zinc ion battery based on sol-gel transition electrolytes

20.07.2018 | Power and Electrical Engineering

Reversing cause and effect is no trouble for quantum computers

20.07.2018 | Information Technology

Princeton-UPenn research team finds physics treasure hidden in a wallpaper pattern

20.07.2018 | Materials Sciences

VideoLinks
Science & Research
Overview of more VideoLinks >>>