3rd pension pillar

INDEXO 3rd pension pillar is a simple and effective way to increase your pension savings without unnecessary worries and mandatory obligations. In addition, the state pays you extra for saving.

The government pension will provide up to 50% of your last salary before retirement. Will that be enough for you?

Calculate your savingsJoin

Benefits of the 3rd pension pillar

This is your real savings, for which the state also compensates you, and the accumulated capital is inheritable.

Voluntary contributions

Contribute as much as you like. However, regular payments improve long-term earning potential by reducing market fluctuation risks and maintaining healthy discipline.

Tax refund

Get 20% back on the contributed amount up to 10% of your salary or 4000 EUR per year. You’ll receive the tax refund if you’re an income tax payer.

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Accessible from age 55

You can withdraw savings starting at age 55, all at once or in parts. You can also continue saving—it's up to you.

Capital is inheritable

The accumulated capital can be inherited by beneficiaries specified in the contract or according to civil law.

INDEXO 3rd pension pillar calculator

ABOUT YOU

Your age

years

Planned retirement age

55

75

years

CONTRIBUTIONS

Selected allocation

Automatic
Manual

Shares 50%

Bonds 50%

Your planned monthly payments

10

300

EUR

Enter a larger value here

Do you plan to increase your monthly payments as your income increases?

Monthly employer contributions

0

300

EUR

Enter a larger value here

Your 3rd pension pillar savings today

0

300

EUR

Enter a larger value here

Calculation assumptions

The savings are being accumulated in the pension plans INDEXO Akciju plāns and INDEXO Obligāciju plāns. Annual return scenarios for the INDEXO Akciju plāns: Favorable 0%, Optimistic 0%, Pessimistic 0% . Annual return scenarios for the INDEXO Obligāciju plāns: Optimistic 0%, Favorable 0%, Pessimistic 0% .
The projected return is calculated based on the average weighted return of the reference indices for the period from 2013 to 2023, subtracting the management, pension fund, and custodian bank fees. The return does not guarantee equivalent returns in the future. The actual return of the pension plans and the supplementary pension amount may differ from the forecast.
The forecasts do not take into account the legal regulations in the area of tax application, which may affect the actual amount of the supplementary pension received.
The latest economic and long-term budget projections for Latvia from the European Commission's Ageing Report were used for annual indexation.