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.

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