In order to help you start arranging things to come to your retirement prepared, we have summarised 5 crucial factors that affect your old age pension calculations.

Retiring before due time is a very important decision that will directly affect your retirement days, therefore you should consider all the factors that can have any impact on the amount of pension and the procedure of disbursement of it.

Latvian pension system consists of three pillars. In the first two pillars, the money is being automatically deducted from your taxable income, while in the third pillar it is your free choice to make contributions to it on your own.

We have collected the key criteria to help you in making the wise choice regarding the second pillar pension plan that is best for You.

In order to help you navigate through this issue, we have gathered the key factors you should keep in mind upon long-term employment and living in another member-state and accumulating your old-age pension capital.

Approaching this age, you might start to think, when is the best time to retire? It is an important decision that will directly affect the rest of your life, so you should consider all the factors that your pension amount and disbursement procedure depend on.

Even though saving for pension is being widely discussed and explained, yet there still are many misconceptions in the society about what share of your pension will all three pension pillars constitute. In this article we will try to dispel some of these myths.

Over the years your pension savings, there could be thousands of euros accrued in all three pillars. The less you pay attention to those accruals, the more likely you will receive a lower pension in your old days than you could had you known some tips and tricks.

Find out if you can claim your 2nd pillar pension capital before retirement!

Lifetime pension insurance is a government-approved alternative to use your pension savings with more control over how the savings of 2nd pillar pension will be disbursed to you.

When studying various 2nd pension pillar investment plan strategies, you cannot help but notice that there are plans using active pension funds management principle, and there are plans using passive management principle. In this article we will discuss what are the differences between the active and passive fund management.

Did you know that you can change the manager of your 2nd pillar pension funds once per calendar year, and change the investment plan within each fund manager’s offer – twice per calendar year? And changing the pension plan is free of charge.