Supplementary pension
savings for children

Savings that will grow along with your children

Special offer!
Savings for your children
with a bonus of CZK 1,000

And state contributions of
up to CZK 2,760 per year

Possibility to withdraw one third of participant’s contributions at the age of 18

Change the monthly contribution amount at any time free of charge

Several persons can make contributions to a single contract – e.g. parents and grandparents

Special bonus for contracts concluded until 31 December 2023

Monthly state contributions
 

Your monthly contribution Monthly state contribution
CZK 300 CZK 90
CZK 500 CZK 130
CZK 700 CZK 170
CZK 900 CZK 210
CZK 1000 CZK 230

 

 

SET UP SUPPLEMENTARY
PENSION SAVINGS FOR CHILDREN

Now with a special bonus of CZK 1 000

AT A BRANCH

Make an appointment for a day and time of your convenience.

OVER THE TELEPHONE

Leave it all up to us. Enter your telephone number and we will call you back.

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HOW MUCH YOU CAN SAVE UP
FOR YOUR CHILDREN

Funds for studies, housing or pension

Example:
Savings plan start on the date of birth: 1 January 2023
Monthly contribution: CZK 1 000
Investment profile: dynamic (expected appreciation of 4.74% p.a.)

18 years

  • Total savings

    CZK 415,070
  • Early contract termination (state contributions not paid out)

    CZK 342,982
  • Exceptional payment of one third of participant’s contributions (state contributions not paid out)

    CZK 114,327

25 years

  • Total savings

    CZK 696,223
  • Early contract termination (state contributions not paid out)

    CZK 578,140

30 years

  • Total savings

    CZK 960,864
  • Early contract termination (state contributions not paid out)

    CZK 800,355

60 years

  • Total savings

    CZK 4,820,414

 

The calculation is merely indicative and relies on long-term past (historical) performance that does not guarantee any future performance. 

Find out how much you can save up for your children or grandchildren.

Good to know

What documents do I need to conclude a contract?

  • Legal representative: Child’s birth certificate
  • Other persons: the child's birth certificate and the power of attorney of one of the child's legal representatives for a third person (e.g. grandparents) - the signature does not need to be officially verified. Any additional documents will be specified by the bank advisor.

Where can I conclude a contract?

  • At any Komerční banka / Modrá pyramida branch

FAQ

  • Are the supplementary pension savings an investment product or a savings product?
    • Supplementary pension savings represent an investment with the lowest fees on the market and possibility to select a strategy
  • Is it possible to change the savings strategy and contribution amount during the contract term?
    • Strategy may be altered free of charge at any time during the contract term
    • Contribution amount may be changed FREE OF CHARGE at any time. It is also possible to make a special one-off deposit
  • Is it possible to make exceptional withdrawals of the savings?
    • Yes, it is possible to withdraw up to one third of participant’s contributions at the age of 18
  • What is the minimal amount you can save?
    The minimum monthly contribution must not be lower than CZK 100 when concluding the contract. This is a minimum amount of CZK 300 to obtain a state contribution. With the amount of CZK 1,000, the participant will receive a maximum state contribution of CZK 230.
  • Is it possible to change the savings strategy and the amount of the contribution during the duration?
    You can change the strategy and the amount of the contribution free of charge at any time during the term of the contract. You can also make an extraordinary one-time deposit.
  • Is it possible to extraordinarily withdraw part of the funds from the contract?Yes, at the age of 18 it is possible to collect 1/3 of your own contributions (without state contributions, state contributions remain on the contract).
  • What is pay-off?
    Pay-off is a form of payment. This is the so-called early termination of the contract (without state contributions). In the case of supplementary pension savings, the right to the payment of severance pay arises after saving at least 24 months.

  • How can a minor's contract be terminated?​
    The contract can be terminated prematurely (so-called redemption) at the earliest after a saving of 24 months. In the case of a minor's contract, the consent of the guardianship court must be documented in selected cases.

You can find more information on the website of our pension company.