Last year, three and a half million people received some kind of retirement from the state. Old-age, invalidity, widows and orphans' pensions were worth more than 400 billion crowns last year. As far as pure old-age pensions are concerned, the most praised were the inhabitants of Prague, where the average retirement pension amounted to 12 646 kroner. On the other hand, the lowest average income was in the Olomouc region, where pensioners received an average of CZK 11,496.
Public spending on pensions is rising steadily. While it was only 181 billion in 2000, it stood at 394 billion in 2016 and last year the total was above 400 billion for the first time, 404 billion euros in pensions, of which 333 billion were old-age pensions.
Gradually, not only are the number of retirees, but also the number of years they spend on earning old age pensions. While in 2000 retired men were 16.78 years old and women 22.72 years, they were 19.23 years for men and 27.89 years for women.
Old-age pensions are paid by the Czech Social Security Administration for about 1.8 million. A further 600,000 people receive an old-age pension in combination with the income of a widow or a widow. For men, the combination of pension and widower pensions is about 1 500 kroner. Women who receive widows' and old-age pensions receive almost 2,000 more per month than a retired pensioner.
Most pensioners live in the most populated areas – in the Central Bohemia, the Moravia-Silesian region, the South Moravia region and in Prague. Pražané mají nejvyšší průměrné důchody, 13 767 koru u mužů a 11 737 korun u žen.
Czech seniors usually receive an old-age pension in the order of 13 and 14 thousand kroner. This amount was paid by the Czech social security agency to less than a quarter of a million pensioners. With a pension of a maximum of three thousand, 6,453 pensioners could. On the contrary, 35,769 seniors, of which 7,363 received a pension that was higher than 18,000 kroons.