Page 6 - IDEA Studie 4 2020 III duchodovy pilir

PENZIJNÍ SPOŘENÍ SE STÁTNÍ PODPOROU V ČESKÉ REPUBLICE: SPÍŠ PODPĚRA NEŽ PILÍŘ IDEA 2020
 The share of employees who participate in the third pillar increases with higher earnings. The participation rate is more than 18 percentage points higher among the highest-earning twenty percent of employees than among the lowest-earning twenty percent.
 The relative value of deposits against earnings declines with employees’ higher earnings, unlike the share of participating employees. The relative value of deposits is thus not highest among employees with the highest earnings, but actually lowest. That is true despite the fact that for the highest-earning employees, the share of their former earnings that an old age pension from the first pillar replaces is the lowest.
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