2nd pillar pension | Luminor

While making savings for retirement. Choose your pension manager carefully. With Luminor 2nd pillar pension savings will be formed from your social contributions. For example, if you start your working life at the age of 25 you can make up to EUR 51 thousand savings in pension capital from your social contributions. * Impressive!

Why to choose the Luminor 2nd pension pillar

*The average accumulated pension savings are EUR 3704 for Luminor 2nd pension pillar customers compared to the average in Latvia which is EUR 2781. Data based on manapensija.lv from 28.12.2018.

Applying to 2nd pillar pension is easy!



Apply for your 2nd Pillar Pension at www.latvija.lv


Fill application

When filling application, choose most suitable pension plan


Submit application

Submit application

Necessary documents

  • Passport or eID card

Choose us as your pension manager!

See also: Alternative pension, Programs for customers, Become a customer, Banking packages

Important! State-funded pension plan participants can change their pension fund manager once a year, and change the pension plan with the same fund manager twice a year.

* The calculation is based on the following assumptions: the monthly pre-tax salary EUR 600, the annual salary increase 2%, 2nd pillar pension contribution rate 6%.Level 2 pension plan expected average annual yield 3.50%, the retirement age 65 years.
** Source: www.manapensija.lv data, as of the calculation date 31.12.2015. The historical performance does not guarantee a similar performance in the future.

Pension plan prospectuses, as well as other information about pension plans and asset managers may be obtained:
- in the State Social Insurance Agency
- at the fund manager's Luminor Asset Management IPAS, Skanstes St. 12, Riga
- in the custodian bank Luminor Bank AS Latvian branch and its Customer Service Centers (phones 1880, +371 6717 1880)