My pension assets

Your future pension can consist of three different pension pillars

1st pension pillar – the money that is presently paid out of your social insurance contributions to the current generation of pensioners
2nd pension pillar – 5% of your every pre-tax salary that automatically goes to your pension plan each month
3rd pension pillar – savings that you build up yourself to increase your future pension

New! Now you can check your 2nd pillar pension savings via our Internet Banking. Log in to view.

2nd pension pillar

3rd pension pillar

In order to transfer your accrued 3rd pillar pension capital from Swedbank Atklātais Pensiju Fonds to other pension fund in Latvia, conclude a 3rd pension pillar individual participation agreement with the pension fund to which you wish to transfer the capital.

Fill out the "Application for transfer of supplementary pension capital". Submit the application via Swedbank Internet Banking site’s section Payments, accounts > Document signing > “Document upload”.

If you use e-signature, upload the electronically signed application.

Fill out the application

New! Check your 2nd pillar pension savings via Internet Banking.

Give your consent and view the amount

Log in and view pension savings overview

{ "xAxis": {"visible": true, "categories": ["2nd pension pillar", "3rd pension pillar"]}, "yAxis": { "visible": true, "title": { "text": "EUR", "margin": -14, "x": -14 }, "labels": { "x": 0 } }, "plotOptions": { "series": { "stacking": "normal", "dataLabels": { "enabled": true, "allowOverlap": true, "padding": 0 } } }, "legend": { "enabled": true }, "responsive": { "rules": [ { "condition": { "minWidth": 481 }, "chartOptions": { "plotOptions": { "column": { "pointWidth": 80, "dataLabels": { "rotation": 0, "x": 82 } } } } }, { "condition": { "minWidth": 461, "maxWidth": 480 }, "chartOptions": { "plotOptions": { "column": { "pointWidth": 80, "dataLabels": { "rotation": 0, "align": "left", "x": 82 } } } } }, { "condition": { "maxWidth": 460 }, "chartOptions": { "plotOptions": { "column": { "pointPadding": 0.3, "groupPadding": 0.25, "dataLabels": { "rotation": 0, "align": "left", "x": -10 } } } } }, { "condition": { "maxWidth": 350 }, "chartOptions": { "plotOptions": { "column": { "pointWidth": 40 } } } } ] } }

Choose a 2nd pillar pension plan that suits you the best

5% of your monthly salary goes to the 2nd pension pillar. Choose a pension plan that suits you the best for bigger savings in the long-term and to preserve the accrual as old age draws closer.

Start savings under 3rd pension pillar and enjoy the advantages already now

Build financial means for a wholesome life in the old age, as well as getting a tax refund for the contributions on an annual basis.

Overview of 1st and 2nd pension pillar

At the portal latvija.gov.lv, you can find out your currently accrued savings under the 1st and 2nd pension pillar.

See the overview

Assumptions

Assumptions taking into account the duration of saving and the accrual payout period.

Pension plan yield after fees:
- Negative scenario: %NEGATIVE_SCENARIO%%
- Moderate scenario: %MODERATE_SCENARIO%%
- Positive scenario: %POSITIVE_SCENARIO%%
Inflation: %INFLATION%% The inflation has been calculated taking into account the macroeconomic indicator forecasts for Latvia.
Expected annual increase in regular contributions: %CONTRIBUTION_AVG_INCREASE%%
Expected pension payout duration in years: %PENSION_TERM%
Fees per year from accrual: %ANNUAL_FEE%%

The 3^rd pillar pension accrual can be received upon attaining 55 years of age.

The yield calculation for the Stability+25 pension plan uses historical monthly yield data since August 2003.

The yield calculation for the Dynamics+60 pension plan uses historical monthly yield data since September 2003.

The yield calculation for the Dynamics+100 pension plan uses historical monthly yield data since January 2007 and, for the period before the plan’s inspection date, data from the MSCI World benchmark index is used so that the total period amounts to 40 years.

The yield calculation for the Dynamics Index pension plan uses historical monthly yield data since January 2021 and, for the period before the plan’s inspection date, data from the MSCI World benchmark index is used so that the total period amounts to 40 years.

Historical performance and fees

The historical performance of pension plans includes all fees that were covered from the plan's assets. Forecasted expenses are deducted from the equity market index return performance. These expenses are based on the relevant pension plan’s 3-year average actual expenses and include:

Pension plan management, administration and custody fees
Trading fees for securities held in the plan portfolios
Management fees of investment funds included in the plan portfolios

Use of data for forecasting future scenarios

Historical monthly yield data for pension plans and monthly return data for stock market indices in line with investment policy are used for forecasting future scenarios. Based on this data, 10,000 simulations are created, from which positive (90th percentile), moderate (median or 50th percentile), and negative (10th percentile) scenarios are obtained for each investment period.

The latest economic and budgetary long-term forecasts for Latvia available in the European Commission's Ageing Report are used for the macroeconomic indicator forecasts.

The actual pension plan yield and other indicators used here may differ from the values used in these calculations and the historical yield does not guarantee an equivalent yield in the future.

The forecasts may differ from the actual amount of the supplementary pension to be received. The forecast calculations do not take into account the provisions of tax legislation that may affect the actual amount of supplementary pension to be received.

The calculation uses yield data for the period until 31.12.2025. The data is updated once a year.

Calculator for 3rd pillar pension accrual payout scenarios

EUR

Payout of 3rd pillar pension accrual is possible from the age of 55

Forecast scenarios for pension payout from the pension plans Stability+25, Dynamics+60, Dynamics+100, Dynamics Index

Positive scenario Positive scenario – 10,000 simulations are performed based on the historical monthly yield data of the pension plans and monthly return data of the benchmark equity index. The yield of the pension plan is determined by selecting one of the highest yield indicators obtained in the simulations (data for the 90th percentile). A benchmark equity index is used in addition to historical data in simulations of the performance of the Dynamics+100 and Dynamics Index plans.Moderate scenario Moderate or best-estimated scenario – 10,000 simulations are performed based on the historical monthly yield data of the pension plans and monthly return data of the benchmark equity index. The yield of the pension plan used in the calculation is determined by selecting the yield median observed in the simulation (data for the 50th percentile). A benchmark equity index is used in addition to historical data in simulations of the performance of the Dynamics+100 and Dynamics Index plans.Negative scenario Negative scenario – 10,000 simulations are performed based on the historical monthly yield data of the pension plans and monthly return data of the benchmark equity index. The yield of the pension plan is determined by selecting one of the lowest yield indicators obtained in the simulations (data for the 10th percentile). A benchmark equity index is used in addition to historical data in simulations of the performance of the Dynamics+100 and Dynamics Index plans.

{ "chart": { "height": 250 }, "xAxis": { "visible": true }, "yAxis": { "visible": true }, "plotOptions": { "series": { "marker": { "radius": 0, "states": { "hover": { "radius": 4 } } } } }, "tooltip": { "enabled": true, "shared": true } }

Accrual (after fees)
EUR
Contributions in total
EUR
Fees
EUR
Expected accrual payout per month The amount before taxes and on the assumption that the funds are kept, during the accrual payout period, in the pension plan %PENSION_PLAN% with its forecasted average yield of %YIELD%.
EUR
The value of monthly accrual payout at the selected age taking into account the effect of inflation The amount before taxes and on the assumption that the funds are kept, during the accrual payout period, in the pension plan %PENSION_PLAN% with its forecasted average yield of %YIELD%.
EUR

Assumptions

Smiling customer consultant answers to customer’s questions

Have some questions?

Book a consultation – we will call you within a few working days.

About pension pillars

The 1st pension pillar refers to the state mandatory non-accumulating pension scheme where all social insurance contribution payers are participants. This accrual is not made as a long-term investment, but is paid out to the current generation of old-age pensioners.

More about Latvian pension system

The 2nd pension pillar refers to the mandatory funded pension where contributions equivalent to 5% of your salary are paid into.

The savings are invested in financial markets. This allows not only preserving the amount of the pension accrued, but also increasing its value. Choose a plan that's right for your age to save up more!

More about the 2nd pension pillar

3rd pension pillar refers to the voluntary savings aimed at building up greater support for your future. You can claim a personal income tax refund for the contributions made on an annual basis and access the savings as early as from 55 years of age. Moreover, the savings are heritable.

More about the 3rd pension pillar

My pension assets

Your future pension can consist of three different pension pillars

Log in and view pension savings overview

Choose a 2nd pillar pension plan that suits you the best

Start savings under 3rd pension pillar and enjoy the advantages already now

Overview of 1st and 2nd pension pillar

Assumptions

Calculator for 3rd pillar pension accrual payout scenarios

Forecast scenarios for pension payout from the pension plans Stability+25, Dynamics+60, Dynamics+100, Dynamics Index

Have some questions?

About pension pillars

Jūsu Internet Explorer pārlūkprogramma netiek atbalstīta.

Lūdzu izmantot Google Chrome, Mozilla Firefox vai Microsoft Edge pārlūkprogrammu.

You have been logged out from Internet bank

Gold Credit Card – 0 EUR for the first 3 months!

Contacts

Useful links

Legal information

Customer programmes

Not a customer yet?

My pension assets

Your future pension can consist of three different pension pillars

Log in and view pension savings overview

Choose a 2nd pillar pension plan that suits you the best

Start savings under 3rd pension pillar and enjoy the advantages already now

Overview of 1st and 2nd pension pillar

Assumptions

Calculator for 3rd pillar pension accrual payout scenarios

Forecast scenarios for pension payout from the pension plans Stability+25, Dynamics+60, Dynamics+100, Dynamics Index

Have some questions?

About pension pillars

Jūsu Internet Explorer pārlūkprogramma netiek atbalstīta.

Lūdzu izmantot Google Chrome, Mozilla Firefox vai Microsoft Edge pārlūkprogrammu.

You have been logged out from Internet bank

Gold Credit Card – 0 EUR for the first 3 months!

Contacts

Useful links

Legal information

Customer programmes