Retirement savings of the self-employed

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Authors

ŘEZÁČ Jan

Year of publication 2017
Type Article in Proceedings
Conference Enterprise and the Competitive Environment 2017
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web https://ece.pefka.mendelu.cz/ECE2017
Field Economy
Keywords savings gap self employed retirement
Description Paper assessed the scope of retirement savings of self employed in the Czech Republic. Previous economic research and surveys implied the level of retirement provision is insufficient to sustain a satisfactory replacement rate. This paper quantifies the extent of the upcoming shortfall of funds and provides a comparison with available European data sets. Predicted scenario reaches crisis level in vulnerable subgroups and justifies a policy response on the tax level.
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