TIP

Optimal returns

You will optimise the gain on your savings by contributing CZK 1,500 monthly. In addition to qualifying for the annual state contribution of CZK 1,800, you will also become eligible to deduct CZK 12,000 from your tax base each year.

Rates and charges

UniCredit Bank collects no charges either for intermediating your Contract on Supplementary Pension Insurance with one of the AXA pension funds or providing you information on the progress of your savings. Also free of charge, we will look after sending you statements for your supplemental pension insurance participant’s account and, at your request, amending the contract you have concluded.

Additional information

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Supplementary pension insurance

Do you aim to maintain your financial independence and accustomed living standard in your retirement years? Taking advantage of supplementary pension insurance provided by the AXA insurance group can help you to enjoy your retirement free from financial stress and without needing to significantly curb your activities. Supplementary pension insurance is an advantageous long-term savings programme that is topped up with a state contribution and offers possibilities also to achieve substantial tax savings. With your supplementary pension insurance, you will be able to rely on an attractive supplemental income throughout your senior years in addition to your government-paid pension.

  • additional source of income for the period following the end of your economically active years
  • above-average appreciation of your funds each year
  • state contribution of up to CZK 1,800 p.a. in addition to the contributions paid by the participant
  • possibility to reduce the participant’s tax base by as much as CZK 12,000 each year 
  • tax liability deferred over the entire term of the savings plan - as opposed to standard banking products, returns are taxed only at the time the benefit will be paid out, which means the full amount of the savings earns returns throughout the whole time
  • option for full or partial payment of contributions on your behalf by your employer or any other entity
  • special tax benefits attached to contributions paid by the employer
  • low minimum monthly payment into savings – possibility to contribute as little as CZK 100 monthly
  • flexibility – The amount of contributions and other key aspects of the contract may be adjusted at any time throughout the contract term.
  • Wide choice of payout options – whether as a lump-sum payout or one of several pension types
  • option to freely designate beneficiaries in case of a survivor pension
  • possibility to obtain a Visa AXA loyalty payment card
  • all intermediary and advisory services from UniCredit Bank absolutely free of charge
  • quality service from one of the world’s leading insurance companies
Parameters of supplementary pension insurance
Purpose of supplementary pension insurance to generate sufficient financial reserves for your senior years
Pension fund
  • AXA
Who may become a supplementary pension insurance participant
  • individuals over 18 years of age and permanently residing in the Czech Republic, or permanently residing in another EU member state provided such person is a participant in the Czech Republic’s national pension insurance system
Minimum monthly contribution
  • CZK 100
Maximum monthly contribution
  • unlimited
State contribution amount
  • CZK 50–150 monthly, depending on the participant’s monthly contribution
Maximum amount deductible from the tax base
  • CZK 12 000
Types of benefits paid out
  • pension: old-age, disability, retirement, survivor
  • lump-sum payment
  • surrender value
Maximising advantages provided by the state:

a) Use of the maximum state contribution
  • a) applicable subject to the participant’s monthly contribution being CZK 500 or greater

b) Claiming the full amount of the tax benefit
  • b) applicable subject to the participant’s monthly contribution being CZK 1 500
Tax benefits on contributions provided by an employer*
  • income tax exempted for the employee 
  • neither employee nor employer pays social security and health insurance contributions on these contributions
  • recognised as tax-deductible expense for the employer

* pursuant to Act No. 42/1994 Coll., on supplementary pension insurance with state contribution

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By telephone

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800 144 441  (7 a.m.–10 p.m. daily).