Czechs and Pension Savings - December 2012

December’s survey of CVVM comprised a bloc of questions concerning public opinion on the pension system in the Czech Republic and its possible change. We asked a selected part of our respondents that are not yet retired, whether they use any form of savings or investments to put money aside for their retirement, whether they fear they might not be sufficiently secured when retired, and what are their expectations regarding the sufficiency of pensions paid by the state. 81 % of respondents assume that the state pension will not provide them with sufficient financial resources. On the other hand, only 56 % of people have their independent savings or investment plan to secure them for the retirement.