Poll: vast majority of Czechs expect state pension to be inadequate though half cannot afford to save for retirement

Over 80 percent of Czechs believe they will find state old age pensions inadequate, suggests a new study by the internet based polling agency SANEP. However, half of the 5000-plus respondents in July’s survey said they could not afford to save for their own retirement. Seventy-two percent said they expected to experience a drastic fall in their living standards once their working lives come to an end.

Author: Ian Willoughby