Czech Republic

Ever-extending lifespansLifespan and low birth-rates (about 1.5 child per woman) contribute to the ageing of Czech society. By 2060, it is expected that just over one third of the Czech population will be aged 65 or over. By the 2060s, Czechs will be expected to retire at age 69 or later. Even with later retirementRetirement later , the percentage of people entitled to an old-age pensionPension age will increase so that by the 2050s, approximately 28% of people may qualifyQualify for pension for an old-age pensionPension age , compared with today’s 20%. Changes in demographic composition will also influence other indicators: the average age around 2050 might be between 48–50 years, about ten years more than now. Politicians, managers and society leaders aim to find ways to successfully face this demographic challenge and enable everybody to have a sufficient level of economic, social, and healthHealth careCaring, care, caregiving provision. Most crucial in the near future is the adaptation ofPolicy/ies employment employment policiesEmployment policy and pension reformPension reform . This chapter describes the situation regarding the employment of people over 50 years in the Czech RepublicCzech Republic , research focused on extendingWorking life workingWorking life lifePolicy/ies extending working life , employment policiesEmployment policy andPolicy/ies employment characteristics of the pension system, paying special attention to gender differencesGender differences .