Mikroekonomická kvantifikace výhodnosti českého základního důchodového pojištění dle parametrů pro rok 2023
Microeconomic quantification of the benefits of Czech basic pension insurance according to 2023 parameters

Summary/Abstract: The paper addresses the solidarity and equivalence of the minimum amount of the assessment base for the payment of pension insurance premiums for the period 1993−2022 with an assessment of the impact on the regular old-age pension for eight defined income-typed individuals. According to the parameters for 2023, the analysis revealed that with respect to the minimum countable income, employees receive a total pension benefit of up to 7.3 times their average monthly assessment base, concerning which the internal rate of return (IRR) attains its highest values. Regarding self-employed persons with a minimum assessment base for the payment of insurance premiums, the amount of the duly assessed old-age pension reaches more than 2.9 times their average monthly assessment base; thus, even in this case, the IRR attains high values. Persons on the minimum wage receive a total pension benefit at a level of 2.1 times their average monthly assessment base. The article proves, employing IRR analysis, that the so-called first pension pillar remains advantageous for persons with the lowest assessment bases for the deduction of pension insurance premiums.

• Details
• Contents