Czech Republic. Employers, unions hail rise in pensions, want its sustainability

Representatives of Czech employers and unions agreed with the cabinet’s plan to raise pensions as of 2019 in the talks with government officials on Wednesday, Confederation of Industry head Jaroslav Hanak and CMKOS umbrella union head Josef Stredula said after the Tripartite meeting.

At the same time, however, the employers and unions want the government to secure sustainability of the pensions financing in the following years.

The task of the Tripartite body, which brings together representatives of the government, trade unions and employers, is to help maintain social peace in the country.

Read More: Prague Monitor