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    Participation in the 2nd level of pensions

    Other
    Published: 01.11.2020.

    Use of capital accumulated in the 2nd level of pensions

    Other
    Published: 02.11.2020.

    What pension level 2 is

    The State funded pension scheme, or Tier 2 of pensions, was introduced on 1 July 2001. At this point, part of each social security contribution is invested in the financial market and accumulated in the personal account of each member of Tier 2 of pensions.... Members of Tier 2 of pensions do not have to make additional social security contributions. . The total contribution to pension capital is 20% of the income distributed between Tier 1 and Tier 2 of the pension system.... When applying for an old-age pension, the member of Tier 2 will be able to choose: to add the accumulated pension capital to Tier 1, or to the old-age pension, or to enter into a lifetime pension insurance contract with the insurance company....   Question : Where can additional information be obtained on pension level 2 in ?   Answer: Home Pages www.manapensija.lv .       Video on Pension Level 2:   Receives answers to basic questions about pension level 2 Saņem atbildes uz pamata jautājumiem par pensiju 2....
    Other
    Published: 21.01.2021.
    Updated: 14.05.2025.

    Information on deductions from payments made by SSIA

    The statement contains information on the deductions made by the State Social Insurance Agency (SSIA) from pension, benefit or remuneration to be paid. Deductions from services of SSIA shall be made upon recovering overpayments of social insurance services, state social benefits or service pensions, or when executing court judgements or execution orders of other institutions regarding debt recovery, payment of administrative penalties, etc....
    Service

    Disability pension

    Other
    Published: 02.11.2020.

    Survivor`s pension

    Other
    Published: 02.11.2020.

    Service pension

    Other
    Published: 02.11.2020.

    A special state pension

    Other
    Published: 02.11.2020.

    Old-age pension

    Other
    Published: 01.11.2020.

    Administration of the state funded pension scheme

    The State funded pension scheme or pension level 2 is part of the State pension system. . It aims to increase the provision for old-age pensions by investing part of social security contributions in the financial and capital markets – securities and bank deposits s....
    Other
    Published: 17.10.2020.

    State funded pension schemes of 2

    Other
    Published: 01.11.2020.

    Changes to the services of the SSIA from 2025

    Thus, if a person receives other benefits or pensions from the SSIA delivered by a postman at his/her place of residence, he/she can also choose to receive the benefit for the use of an assistant delivered at his/her place of residence....
    Article
    Published: 19.12.2024.

    SSIA payments to citizens of the Russian Federation in connection with amendments to the Immigration Law

    The State Social Insurance Agency (SSIA) informs about the payment of pensions and allowances after 1 September 2023 in accordance with the amendments to the Immigration Law. The amendments apply to citizens of the Russian Federation (RF) who were previously citizens or non-citizens of the Republic of Latvia and who, in order to continue their permanent residence in the Republic of Latvia after 1 September 2023, are required to acquire the status of a permanent resident of the European Union (EU)....
    Article
    Published: 21.09.2023.

    Granting and disbursement of State Social Security benefit

    The state social security benefit is paid: • to a person who is not employed and has reached the specified age for granting a pension, if this person is not entitled to receive a State pension or insurance indemnity due to an accident at work or an occupational disease; • to a person to whom the State Medical Commission for the Assessment of Health Condition and Working Ability has issued an opinion on disability, if this person is not entitled to receive a State pension (except for a survivor's pension for a disabled person) or insurance indemnity due to an accident at work or an occupational disease; • to a child who has not reached the age of majority (18 years) and is not entitled to a State pension or insurance benefit for a deceased breadwinner.... Service requests The allowance must be claimed within 6 months of the date of identification of the invalidity, the date of death of the survivor or the date of attainment of the age required for the granting of the pension....
    Service

    Changes to the Latvia-Moldova Agreement to take effect as of 1 July

    On 1 July 2024, the Social Security Agreement concluded between the Republic of Latvia and the Republic of Moldova on the cooperation of the countries in the granting and payment of pensions, insurance indemnities, state social security benefits, funeral benefits and benefits to the spouse/partner of a deceased pension beneficiary to persons residing in Latvia and Moldova entered into force....
    Article
    Published: 03.07.2024.

    Changes in 2024

    The difference for January and February will be paid by 31 March, and from there on, these payments will be made at the increased rate. Pensions and remunerations The minimum amounts for pensions and remunerations, and the state social security benefits are to increase on 1 January 2024....
    Article
    Published: 20.12.2023.

    Bequest of the 2nd tier pension capital

    Other
    Published: 02.11.2020.

    Changes to the services provided by the SSIA in 2023

    Old-age pension Retirement age In 2023, the retirement age will be 64 years and six months , but in case of early retirement –  62 years and six months . Impact of the monthly amount of the life-annuity For the purpose of granting an old-age pension from 1 January 2023, if a member of 2nd pension pillar purchases a life insurance (life-annuity) policy for the capital accumulated in 2nd pension pillar, the monthly amount of the life-annuity will be reduced by the amount of: the minimum pension; the amount of disability pension, service pension or state social security benefit to be retained the person is entitled to....
    Article
    Published: 30.12.2022.

    Voluntary joining to the state social insurance

    Voluntary State social insurance can join the 15 years who have reached the age of persons whose permanent place of residence is in the Republic of Latvia. A person who is not subject to compulsory social insurance in the Republic of Latvia and who has not been granted a State old-age pension may voluntarily join the pension, disability, maternity, sickness, parental insurance, may join the pension insurance voluntarily by a spouse or partner of a self-employed person who is not subject to compulsory social insurance in the Republic of Latvia and has not reached the age giving the right to receive a State old-age pension or who has not been granted a State old-age pension (including early)....
    Service

    Latvia-Guernsey Social Security Agreement Takes Effect

    The Agreement between the Government of the Republic of Latvia and the States of Guernsey on social security takes effect on 1 June 2021. Under the Agreement: – residents of Latvia , who have lived and worked in Guernsey, can apply for an old-age pension from Guernsey upon reaching the retirement age and the required duration of the social insurance period....
    Article
    Published: 04.06.2021.