2nd GLOBAL CONFERENCE on BUSINESS, ECONOMICS, MANAGEMENT and TOURISM, 30-31 October 2014, Prague, Czech Republic

These days we have experiences about the basic crisis of the pension systems and mainly old-age pension systems. The states try to minimalize the obligations taken from the families and it is justified by the difficulties of financing. On international level the ILO Convention No. 102 decrees the possibility of flexible retiring for the member states which take the obligations, but it is contrary to this, withdrawal". The aim of my examination is to analyse the flexible pension from different points of view and to justify its necessity and to describe the criteria of flexible pension, its possible fulfilments, furthermore, which social, demographic, administrative - financial, fundamental right questions influence it, and how should its role be interpreted in the co-ordinating system of supplying/servicing systems defined by social law. (C) 2014 The Authors. Published by Elsevier B. V.