Retirement age

According to Section 32 of the Act no. 155/1995 Coll., on Pension Insurance, the retirement age is given as follows:

a) For insured individuals born prior to 1936 

The retirement age for men is 60 years old

The retirement age for women is:

• 53 years old, if at least 5 children were raised
• 54 years old, if at least 3 or 4 children were raised
• 55 years old, if at least 2 children were raised
• 56 years old, if at least 1 child was raised
• 57 years old

b) For insured individuals born between 1936 and 1973

c) For individuals born between 1974 and 1988, the retirement age is determined by adding to the age of 65 years and 8 months a number of calendar months corresponding to the difference in years between the insured person’s year of birth and 1973.

d) For insured persons born after 1988
The retirement age is 67 years.
The determination of the retirement age for insured persons who have worked the required period in employment classified under the first work category, and for participants in the resistance, remains unchanged. For these groups of insured persons, the age limits set by regulations in force prior to 1 January 1996 continue to apply. In the case of certain persons employed in mining with permanent underground workplaces in deep mines, a reduced retirement age may apply under Government Regulation No 363/2009 or Section 37c of Act No 155/1995 on pension insurance.

Types of old-age pension entitlements

Old-age pension [Section 29(1) of the Pension Insurance Act]

Between 2010 and 2018, the qualifying insurance period was gradually extended, depending on the retirement age of the insured person or, where applicable, their actual age. The qualifying period of insurance for entitlement to an old-age pension under Section 29(1) of Act No 155/1995 on pension insurance is as follows:

To ascertain the required period of insurance, only the year when one reaches retirement age is decisive. Insured individuals who have not accumulated the required period of insurance on the day that they reach retirement age will not receive an old-age pension on such date. Only after they accumulate the required period of insurance will they be able to receive an old-age pension.

Old-age pension [Section 29(2) of the Pension Insurance Act]

In the event that insured individuals are not entitled to old-age pension under Section 29(1), they shall be entitled to old-age pension under Section 29(2) of the Pension Insurance Act, provided their accumulated period of insurance is at least:

• 15 years and they attain at least 65 years of age prior to 2010
• 16 years and, in 2010, they are at least 5 years older than the retirement age stipulated under Section 32 of the Pension Insurance Act for men of the same date of birth
• 17 years and, in 2011, they are at least 5 years older than the retirement age stipulated under Section 32 of the Pension Insurance Act for men of the same date of birth
• 18 years and, in 2012, they are at least 5 years older than the retirement age stipulated under Section 32 of the Pension Insurance Act for men of the same date of birth
• 19 years and, in 2013, they are at least 5 years older than the retirement age stipulated under Section 32 of the Pension Insurance Act for men of the same date of birth
• 20 years and, in the period from 2014 to 2024, they are at least 5 years older than the retirement age stipulated under Section 32 of the Pension Insurance Act for men of the same date of birth
• 20 years, and has, after 2024, reached an age at least two years higher than the retirement age laid down under Section 32 of Act No 155/1995 on pension insurance, for a man born on the same date.

Old-age pension [Section 29(3) a) of the Pension Insurance Act]

The entitlement to old-age pension arises for insured individuals who attain retirement age after 2014 and accumulated at least 30 years of insurance, provided they did not fulfil the conditions of Section 29(1) of the Pension Insurance Act; in this case, notionally credited periods of insurance shall not be included in the insurance period.

Old-age pension [Section 29(3) b) of the Pension Insurance Act]

An insured person is also entitled to an old-age pension if, by 2024, they have reached an age at least five years higher than the retirement age for a man born on the same date, or if, after 2024, they have reached an age two years higher than the retirement age for a man born on the same date and have completed at least 15 years of insurance, unless they meet the conditions laid down in Section 29(2)(b) to (g) of Act No 155/1995 on pension insurance. In this case, periods treated as periods of insurance are not included in the insurance period.

Old-age pension [Section 29(1), (2), (3) of the Pension Insurance Act]

The amount of the percentage assessment of pension of the insured persons who do not raise the percentage assessment of pension through gainful activity after becoming entitled to a pension, is calculated for each whole year of the period of insurance received before the entitlement to this pension as follows:

• 1,5 % of the calculation basis on a monthly basis, if it does not correspond to the insured person’s participation in the pension scheme,
• 1,2 % of the calculation basis on a monthly basis, if it corresponds to the insured person’s participation in the pension scheme between 2013 and 2015.

Old-age pension [Section 29(4) of the Pension Insurance Act]

Insured individuals who attain 65 years of age and failed to accumulate the required period of insurance to be entitled to an old-age pension under Section 29(1), (2) or (3) of the Pension Insurance Act shall also be entitled to an old-age pension if they became disabled (regardless of the degree of disability) and accumulated the necessary period of insurance for entitlement to a disability pension or became disabled due to an accident at work.

Amount of old-age pension recognised [Section 29(4) of the Pension Insurance Act]

The amount of the percentage assessment of this pension is determined in the same way that the amount of the percentage assessment for disability pensions is determined, and for each year of insurance amounts to:

The amount of the percentage assessment of this pension is determined in the same way as the percentage assessment  of a disability pension, as follows:

• At a rate of 1.5% of the calculation base per month for each full year of insurance (if this does not overlap with the period of participation in pension savings between 2013 and 2015), or 1.2% of the calculation base per month (if it does overlap with participation in pension savings between 2013 and 2015), in the case of third-degree disability,
• At half the percentage assessment  of a third-degree disability pension, in the case of second-degree disability,
• At a third of the percentage assessment  of a third-degree disability pension, in the case of first-degree disability.

Even if the degree of disability changes for the individuals receiving this pension, the old-age pension is not recalculated and shall continue to be paid out at the same amount.

The mentioned type of old-age pension shall not increase for the period of gainful activity after establishing the entitlement to this pension.

The basic assessment of the old-age pension in 2025 is CZK 4,660 per month, while the percentage assesment is at least CZK 770 per month.