Necaš: overhaul of pension system could begin in two years’ time

A broad reform of the Czech Republic’s old-age pension system could begin in 2012, says the most likely next prime minister, Petr Necaš. The Civic Democrats leader made the comments after a meeting with members of a government commission that spent years considering how best to overhaul the pension system. Mr Necaš said that due to political considerations the final version of the reform plan might not correspond exactly to one of two proposals put forward by the commission this week. He also said a possible new coalition of his party, TOP 09 and Public Affairs should discuss pension reform with the Social Democrats, who are likely to go into opposition.

Author: Ian Willoughby