Retirement benefit for your employees
Try investing and pay no management fees for the first three months. Start out simple and relaxed.
What is the European Pension?
The Pan-European Personal Pension Product (PEPP) is a voluntary retirement savings product based on EU regulations. It offers strong competition to local supplemental retirement savings and is available in several EU countries. It is simple, modern, affordable, and has higher expected returns. A key feature is its portability when changing residence within the EU.
No extra costs
The introduction of the European Pension/PEPP does not require additional costs or complicated administration. It saves you time and money.
Tax savings
Contributions of up to €500 per year as a non-monetary benefit are not subject to deductions or taxation. In addition, savers can reduce their tax base by up to €180 per year.
For small and large companies
PEPP is suitable for companies of all sizes, allowing employers to offer high-quality pension provision to their employees regardless of size.
Popular employee benefit
Hundreds of employers contribute to their employees' European pension, reducing turnover and increasing engagement and loyalty. For employers, contributions up to 100% of the employee's annual salary are Deductible business expense.
- Employer contributions
- Larger employee pension
- Easy implementation
"We were the first employer in Europe to introduce the European pension benefit from Finax. The product effectively grows contributions, enabling us to help employees secure their retirement. It is also very simple, clear, and understandable for our employees. We are very satisfied with it."
Monika Vizváryová
Finance Department
"We offer the European pension to our employees as a benefit that motivates them to think about their retirement future. We chose Finax for their approach to money growth, as we consider passive investing the most beneficial for long-term savings. We also believe that with PEPP and Finax's blogs, our employees will better understand their finances, and many have already used other Finax products."
Tomáš Gazda
Chief Executive Officer
European pension vs. 3rd pillar
The same cost for your company, a bigger pension for your employees.
PEPP's standardized rules ensure product consistency in areas such as transparency, investment rules, and transfer rights. The savings and payout terms are determined by the laws of individual countries. European oversight protects the product from interference by local governments. More information on the comparison can be found here
| European Pension |
Personal pension | |
|---|---|---|
|
Fund charges
|
Low
|
High
|
|
Risk
|
Automatically reduced
|
Mostly conservative
|
|
Pension payout
|
Gradual with appreciation
|
Varies with low return
|
|
User comfort
|
Online, the same across the EU
|
Partial transparency
|
|
Portability
|
Within the EU
|
Within the EU
|
|
Library
|
Blogs, podcasts, videos
|
Some, but mostly general
|
|
Legislation
|
Under EU control
|
0
|
**The terms of saving and payout phases may be subject to changes on a national level
150+ employers
10,000+ savers
€128 average contribution
50+ million euros under management
Frequently asked questions on fees
- Complete the document for Contract Proposal Data, available for download here
- Based on the questionnaire, we will create an Employer Agreement for you
- If you would like to review the contract in advance, contact us at [email protected]
- provide an original excerpt from the Commercial Register, which must be no older than three months.
- you can then make contributions to employees at your preferred frequency - one payment and one report for all employees (we will provide the exact format)
If you decide to move and work in another country, you have several options. You can continue contributing to your original account or open a sub-account in the country you are moving to. It also depends on the offerings of your PEPP provider. You can also transfer your savings to another provider.