Price
Free
Execution deadline in working days
3
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Recipient
Individual person
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Receiving restrictions
-

As of 1 January 2020, a participant of the 2nd pension pillar who has not yet requested an old-age pension has the right to choose how the accrued funded pension capital will be used in the event he/she dies before the old-age pension has been granted.

A participant of the 2nd pension pillar may bequeath the accrued capital by selecting one of three options:
• to transfer the State pension into the special budget;
• to add the specified persons to the funded pension capital;
• to bequeath it as inheritance in accordance with the procedures specified in the Civil Law.

Following the receipt of an application from a person, the State Social Insurance Agency (SSIA) shall ensure registration of the choice in the social insurance information system and sending of a notification regarding the choice made to the official electronic address of the person or on the portal www.latvija.lv.

The participant of the 2nd tier may change the choice for unlimited number of times by submitting a new application to the SSIA.

Process description

  1. Service requests
    To request the service, you must fill in for a particular form submission addressed to the SSIA.
    May submit a submission:
    • on the www.latvija.lv portal;
    • on-site (if requested for service, a personal identification document (passport or ID card) must be produced);
    • electronically (the application must be signed with a secure electronic signature containing the time stamp);
    • by post, if a choice has been made:
    - to be included in the special budget for public pensions;
    - leave in succession in accordance with the procedures specified by the Civil Law.

    An application may be submitted in person to any VSAA customer service centre or to the unified customer service centres of the State and local governments.

    The submission shall indicate the preferred method of receiving the decision.

  2. Receipt of services
    A person may receive a notification regarding registration of his or her choice:
    - in the official electronic address if it is activated
    - face-to-face;
    - on the portal www.latvija.lv.