Yield Models of Supplementary Pension Insurance (Transformed Funds)
Klára Vocetková, Marek Šulista

Language: en
Last modified: 2018-04-10


This paper deals with the third pension pillar in the Czech Republic and presents models of yield calculations of transformed funds with respect to monthly deposits, firstly, with the optimal deposits attracting the highest state contributions and income tax refunds, and secondly, with the average deposits which participants in the third pension scheme pay into the scheme in reality. The annual yield is then discussed regarding investments into other securities, together with the amount the participants may withdraw from their total savings for the period of fifteen years afterwards.


supplementary pension insurance; supplementary pension savings; yield; pension modelling; third pension pillar

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