Taxes in Europe Database v2
Law No. 589/1992 Coll. as amended notably by 155/1995.
The participant (natural person) must be older than eighteen years old and must to submit an application form for voluntary pension contributions. The application might be fully accepted only for particular reasons, e. q. the persons which are unemployed, the persons which are studying high school or university, the persons which are working outside the Czech Republic. The application submitted without reason is limited for ten years.
The minimum assessment base is defined as ¼ of the economy-wide average wage. The maximum yearly assessment base is 48 times the monthly economy-wide average wage.
Rate is 28 % or 30 %. Higher pension contribution rate is possible from 2013 and it is relevant only for pension savings participants.
The tax rate is 28 % of the assessment tax base
Premium contributions are usually paid monthly.
Czech Social Security Administration.