Pension system in the Czech Republic - the trends and current status - economic context

The goal of this bachelor thesis is to introduce the pension system of Czech Republic and to demonstrate how specific age and income groups should save for the old age, and also how much should each group save so their standard of living is not lowered when they retire. The trends of the pension system are described in first part of the thesis. Also, the beginning of the pension system worldwide is described. The second part of the thesis consists of calculations for each group of people, long-term outlook and subjective view of the author.