Calculate how much you could save in an age-suitable SEB plan
Saving in an age-suitable plan could increase your savings from a few to tens of thousands of euros.
All SEB 2nd pension pillar plans
Age-suitable plans
Choosing an age-suitable plan will make a big difference to the amount of your savings
Low contract fees
Fixed management fee from 0,30% per year
High historical profitability
SEB index plan and SEB dynamic plan are the most profitable plans in their categories over the last 5 years*
Age: 15–50
SEB index plan
SEB index plan
- The most profitable pension plan in Latvia over the last 5 years*
- Investment result +11,19% per year*
- Low fixed annual management fee: 0,30%
- Performance annual management fee: not applicable
- Investments in shares up to 100%
- High investment risk
- Passively managed plan
Age: 15–50
SEB dynamic plan
SEB dynamic plan
- The most profitable actively managed pension plan in Latvia over the last 5 years*
- Investment result +9,72% per year*
- Low fixed annual management fee: 0,43%
- Performance annual management fee: 0% to 0,05%
- Investments in shares up to 100%
- High investment risk
- Actively managed plan
Age: 51-55
SEB active plan
SEB active plan
- TOP2 the most profitable plan in its category among actively managed pension plans over the last 5 years*
- Investment result +4,78% per year*
- Low fixed annual management fee: 0,43%
- Performance annual management fee: 0% to 0,05%
- Investments in shares up to 50%
- Medium investment risk
- Actively managed plan
Age: 56-60
SEB balanced plan
SEB balanced plan
- Among the most profitable plans in its category over the last 5 years*
- Investment result +2,53% per year*
- Low fixed annual management fee: 0,43%
- Performance annual management fee: not applicable
- Investments in shares up to 25%
- Low investment risk
- Actively managed plan
Age: 61+
SEB conservative plan
- Among the most profitable plans in its category in the last 10 years**
- Investment result +0,44% per year**
- Low fixed annual management fee: 0,43%
- Performance annual management fee: not applicable
- Investments are made in fixed income securities
- Low investment risk
- Actively managed plan
*Source: www.manapensija.lv. 18.06.2020.-18.06.2025
**Source: www.manapensija.lv. 18.06.2015.-18.06.2025
Historical returns do not guarantee equivalent returns in the future.
Frequently asked questions
The 2nd pension pillar is part of the three-tier pension system. Each month, 5% of your gross salary goes to the 2nd pension pillar. This money is invested in financial markets through the fund manager of your choice, with the aim of increasing it over the long term. Find out more (LAT) about the pension system.
You can find out who manages your 2nd pension pillar savings, which plan you have chosen and the amount of your savings at latvija.lv.
To join SEB investment plans, you don’t have to be a customer of SEB. Choose the most suitable plan for you above, by press the button “Apply” and proceed to the next steps at latvija.lv.
Choosing an age-suitable plan will make a big difference to the amount of your pension in the long term.
20+ years until retirement.
Active investing
At the beginning of the savings period, you can take on higher investment risk by choosing plans that invest more in shares.
10+ years until retirement.
Moderately active investing
While slowly approaching retirement age, you can reduce your investment in shares by choosing moderately active plans that also invest in bonds.
<10 years until retirement.
Balanced investing
Before retirement age, wait for the right moment and change your pension plan to a more conservative one, making the most of investments in bonds. This will help to better preserve your accumulated capital.
Contract fees are an important criterion for choosing a 2nd pension pillar plan – the lower the contract fees, the higher the proportion of contributions that go into savings (SEB contract fees are among the lowest in the market). But it is important to look at the plan as a whole: whether it is age-suitable, what its long-term profitability is, where the investments are made and other aspects.
For actively managed plans (for example, SEB dynamic plan) the fund manager actively monitors market trends and makes changes to the investment strategy to achieve better results.
For passively managed plans (for example, SEB index plan) the fund manager spreads investments across a wide range of companies without actively changing the investment strategy originally chosen.
Only licensed investment management companies, such as SEB Investment Management, can manage the 2nd pension pillar. The money management process is closely monitored by the Bank of Latvia and the pension plan’s custodial bank.
Learn more
1st and 2nd pension pillar will be about half of your current salary
Some important facts about the 2nd pension pillar:
- Mandatory for those born from 2 July 1971
- Each month, 5% of your gross salary goes to the 2nd pension pillar
- Money is invested in financial markets with the objective of increasing it over the long term
- The Bank of Latvia supervises the administration of the 2nd pension pillar
- You can follow the results of your chosen plan at seb.lv
Your personal pension page
- A good overview of your pension assets
- A calculator that helps to calculate the amount of you pension
- Valuable advice of finding the best saving solution
- The opportunity to make quick and convenient changes in your saving solutions
Your choices – global changes
Have you considered that by choosing pension funds that invest sustainably, your life savings will be making world a better place?
More about the 2nd pension pillar
Do you have any questions about the 2nd pension pillar savings?
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