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

As from 1 January 2020, a member of the Pension Level 2 who has not yet claimed an old-age pension has the right to choose how the accumulated funded pension capital will be used in case he dies before the old-age pension is awarded.

A member of the Tier 2 pension may wish the accrued capital by selecting one of the three options:
• crediting the State pension to the special budget;
• add designated persons to the capital of the occupational pension;
• leave in succession in accordance with the procedures specified by the Civil Law.

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

A Level 2 Participant may change the selection on an unlimited number of times by submitting a new application to the SAA.

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.