"\u0160palek, Ji\u0159\u00ED" . . "2"^^ . . "RIV/00216224:14560/09:00030148" . . . "Finance a \u00FAv\u011Br Czech Journal of Economics and Finance" . . "59" . "Pension Reform through Voluntary Opt-Out: The Czech Case"@en . . "Jahoda, Robert" . "4" . . "Pension Reform through Voluntary Opt-Out: The Czech Case"@en . "pension system reform; opt-out; pension fund"@en . . . . "14560" . . "RIV/00216224:14560/09:00030148!RIV10-MSM-14560___" . "[AEF9E445FBA3]" . "0015-1920" . . . "Pension Reform through Voluntary Opt-Out: The Czech Case" . "000271083300002" . . "CZ - \u010Cesk\u00E1 republika" . "The importance of long-term public finance sustainability in the context of current financial crisis is still seen as one of the basic factors of economic stability. Demographic development resulting in higher percentage of people in retirement age versus economically active people is one of the main risks. There is a growing pressure on expenditures of age-related systems. For this reason the pension scheme reforms are major issue in advanced countries. While some countries have chosen strictly regulated approach towards pension reform, some have given its citizens a choice whether to stay in the old system, or whether to switch to a new one. Such a decision is very complex and whenever the choice was implemented, many more workers switched to a new system than was expected." . . . "Pension Reform through Voluntary Opt-Out: The Czech Case" . "333010" . "25"^^ . . "2"^^ . "The importance of long-term public finance sustainability in the context of current financial crisis is still seen as one of the basic factors of economic stability. Demographic development resulting in higher percentage of people in retirement age versus economically active people is one of the main risks. There is a growing pressure on expenditures of age-related systems. For this reason the pension scheme reforms are major issue in advanced countries. While some countries have chosen strictly regulated approach towards pension reform, some have given its citizens a choice whether to stay in the old system, or whether to switch to a new one. Such a decision is very complex and whenever the choice was implemented, many more workers switched to a new system than was expected."@en . "P(HR 164/07), S" .