The new Czech Republic pension scheme (DPS) has hit 2 million members in 2025, with more participants than the old supplementary pension scheme for the first time, data from the Czech Association of Pension Companies (APS) has revealed.

The number of participants leaving the old system and switching to the new supplementary DPS is also increasing.

"Until August 2024, the monthly average was around 16 thousand transitions, but in the last four months of the year, it reached 18 thousand," said APS president, Aleš Poklop.

The figures showed that, at the end of 2024, 3,982,128 participants saved (in the old PP pension) and invested (in the new DPS pension) with some of the pension companies, for whom the pension companies managed assets worth CZK605bn — CZK9.5bn more than at the end of 2023.

At the end of the year, 161,603 participants were under the age of 18, and the average monthly contribution was CZK559.

The findings come after Czech Republic pension savings had one of its most successful years in 2024.

The average yield of the dynamic funds of the new DPS was 15 per cent at the end of November 2024 alone, the APS said, offering clients more than good returns this year.

In addition, the APS found that the best funds broke the 30 per cent annual return limit for the second time in the history of the new pension savings.

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