The Dynamic Microsimulation Model of the Czech Republic[1][2] is a dynamic microsimulation pension model simulating the pension system of the Czech Republic, owned by the Ministry of Labour and Social Affairs.
The project was funded with support from the European Commission's Progress programme, for projects related to the development of administrative datasets and models for labour market and pension analysis.
[4] The model was implemented by Deloitte (Actuarial & Insurance Solutions, Central Europe)[5] using a software system called Prophet developed by SunGard.
A special library containing the entire code was prepared by Deloitte specifically for this purpose.
[1] Deloitte had previously developed and implemented similar pension models in other countries, such as Hungary.