Six years ago, Petr Kalal started saving for a retirement that was four decades away to reduce his reliance on a state pension system that many Czechs of his age believe will be bankrupt by the time they finish working. The 31-year-old Prague bank clerk is part of a generation worried that today’s politicians will spend away their future by neglecting hard-to-sell structural reforms, such as pensions. Public pension liabilities are set to explode in a couple of decades. “People who want to...
Full Story: Taipei Times
