Optimization of Pension Companies in the Czech Republic

Abstract

This paper presents pension system in the Czech Republic, analysis public income, and expenditure connected with pension system and existing supplementary pension funds. It shows the return of pension funds and profit of pension companies and new rules connected with activities and profit of pension companies. The main goal of this paper is to know if public expenditure spent on pension insurance in pension funds of pension companies are optimally expended. Description, analysis, and synthesis are the scientific methods used for processing the paper.