Czech pension payments drop to 8.3 percent of GDP

The proportion of Czech national wealth flowing into the payment of pensions has dropped in the past years to 8.3 percent from 9.7 percent. The figures were released by the Research Institute for Labour and Social Affairs.

According to the outgoing head of the Pensions Commission, Martin Potůčka, politicians should respond with a statement about what percent of national wealth should be set aside for pensions payment.