Contribute in sun, it's always there!

Contribute in sun, it's always there!

  • Invest in your 3rd pension pillar now!
  • Receive 20 % tax relief every year*
  • Index pension plan Sustainable Future

Receive your savings from the age of 55

The accrued capital can be inherited

Determine the frequency and amount of contributions yourself.
Stable long-term performance**

Choose a more Sustainable way of saving for pension

Choose the most suitable savings strategy for you

Investment maturity* Proportion of stock** Pension plan / strategy***
Over 15 years Up to 100% Index pension plan Sustainable Future
From 10 to 15 years Up to 75% Progressive Pension Plan
From 5 to 10 years Up to 50% 50% Balanced Pension Plan + 50% Progressive Pension Plan
Less than 5 years Up to 25% Balanced Pension Plan

* Investment maturity in is the period that is planned for the implementation of 3rd pension pillar savings. The minimum maturity for savings is reaching the age of 55. After reaching the age of 55, it is possible to continue the investment and set the desired withdrawal period.
** Proportion of stock - the maximum limit for investing pension plan funds in equity securities - company stock and other similar types of investments.
*** You can choose to make contributions to one or more pension plans depending on your investment maturity and the most suitable proportion of stock.

Choose the most suitable pension plan:

Index pension plan Sustainable Future

  • Savings plan with a maturity of more than 15 years
  • Up to 100% of the funds of the plan are invested in stock
  • An index pension plan that invests only in sustainable index funds

Find out more about the new index pension plan Sustainable Future

Luminor Progressive Pension Plan

  • Savings plan with a maturity of more than 10 years
  • Up to 75% of the funds of the plan are invested in stock
  • The plan invests in both international financial markets and Latvian financial instruments

Luminor Balanced Pension Plan

  • Savings plan with a maturity of less than 10 years
  • Up to 25% of the funds of the plan are invested in stock
  • The plan invests in both international financial markets and Latvian financial instruments

Pension plans` performance

Useful links

Pension plan applications
About contributions to pension plans
Accounts for contributions and bank account specification
Basic information for pension plan members
Pricelist

Luminor 3rd pillar pension plans are administered by Latvijas atklātais pensiju fonds, reg. No. 40103331798, Skanstes iela 12, Rīga, LV-1013, and is managed by Luminor Asset Management IPAS, Skanstes iela 12, Rīga, LV-1013. The custodian bank is Luminor Bank AS Latvian branch.
Disclaimer
Before choosing the specific pension plan you should consider the following risks:
• the more investments thereunder are being made into stocks and other instruments comparable to them the more risk of income fluctuation this entails (both to positive and negative direction);
• historical income results generated by specific pension plans do not guarantee the same results in the future;
• choose the pension plan with active investment strategy only if you understand the risks it entails and can financially bear them;
• the closer you are to the retirement age the more conservative pension plan would be the best option for you.
Luminor Latvijas atklātais pensiju fonds AS (hereafter - Pension Fund), informs that pursuant to the Clause 29 sub-clause (7) of the Law on Private Pension Funds, the engagement policy and voting rights on behalf of Pension Fund implements manager of funds - Luminor Asset Management IPAS, which engagement policy is available here.