Czech Republic - Pension pay and income data - November 30, 2016

The Social security Administration (CSSZ) published data on pension pay and wages. The average old-age pension amounted to 11,441 crowns (423 euro) in September, which was 107 crowns more than a year ago. In all, almost 2.4 million old-age pensions were paid, roughly 18,500 more than a year ago. Almost 600,000 of them were paid for early retirement. As before, men receive on average higher pensions as women. The former were paid an average 12,643 crowns a month, which was 2,260 crowns more than women, whose average pension amounted to 10,383 crowns. The average salary rose by 1,074 crowns, or 4.2 percent, to 26,898 crowns (995 euro) a month by mid-2016.

English: http://praguemonitor.com/2016/11/04/average-old-age-pension-rises …  

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. Since June 2013 readers can consult our archive and search through all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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