Navigation path  Country Focus  Marek Mora (Directorate General
for Economic and Financial Affairs)  Pension reform in the Czech
Republic: ageing rapidly, reforming slowlypdf(82 kB) Choose
translations of the previous link   (Country Focus. 07. April
2005. Brussels. 6pp. Tab. Free.)  Although its demographic
structure is at present relatively favourable, the Czech
Republic is expected to undergo a process of very rapid
population ageing. The share of population aged 65 and more in
working-age population (15-64 years) is expected to almost
triple by 2050. The speed of ageing should be very pronounced in
the Czech Republic as the change in this share is projected to
be the second largest in EU-25. Parametric reforms implemented
so far have not been able to counteract the costs of ageing in
the long run and further reform steps are still needed. However,
the Czech government has been slow to implement more systemic
measures, such as the introduction of a fully funded pillar.
Uncertainties about the economically