2nd Pension Pillar

The 2nd pension pillar is the state funded pension scheme, in which a significant part of paid social tax participates in active funds’ operations, as a result there is an opportunity to increase the total pension capital in a long-term perspective. The 2nd pension pillar is an additional saving to the state non-funded pension scheme.

The 2nd pension pillar is a real opportunity to increase the total pension capital significantly without additional liabilities and contributions as the 2nd pension pillar accumulates from social contributions that are withheld from a salary. The experience shows that the 1st pension pillar ensures approximately 39% of previous income while active participation in the 2nd pension pillar offers to increase this proportion significantly!

Where and how to receive additional information?

You can receive additional information on „GE Money Pensija” products:

• In GE Money Bank branches and customer service centers in Latvia
• On Internet web page or by e-mail info@gemoneybank.lv

Where and how to apply?

In order to become a member of “GE Money Pensija” 2nd pension pillar, it is necessary to complete and sign an application in any GE Money Bank branch presenting a personal identification document.