Accumulation by age
Four pension funds with active and passive investment strategy tailored to participants according to their age group help to better maintain acceptable investment risk throughout the entire pension accumulation period.
For optimal return on investment, it is best to have a pension fund that invests in shares when you are younger, and then change it to a fund with more bonds and less shares as you approach retirement age so as to reduce short-term fluctuations in the value of your accumulated assets. You choose the fund yourself, and the fund's investments are managed by professional pension fund managers.
A pension account for independent saving and investing in the future
One of the lowest third-pillar pension fund management fees in Lithuania
Investments in accordance with high sustainable criteria and competitive return on investments
Service that is easy to manage in online banking
Age: 18–49
SEB Pensija 18+
- The saving period is longer than 5 years
- A high risk fund with equities up to 100%
- A fund manager actively monitors the fund and seeks the best opportunities in the market
- Wider investment universe includes also local and alternative investments
- The fund follows the SEB sustainability strategy
- The goal is to outperform passively managed index funds with similar characteristics. Both short and medium term returns could deviate due to different investment strategies
Age: 18–49
SEB Index. Climate Future
- The saving period is longer than 5 years
- A high risk fund with equities up to 100%
- A fund manager does not manage market risks
- Follows and replicates the performance of global listed equity markets
- The fund follows a climate focused sustainability strategy
- The goal is to follow the investment return of global financial markets with no possibility of outperformance
Age: 50–57
SEB Pensija 50+
- Actively managed
- The aim is to increase the value of accumulated assets
- Average risk of stock market fluctuations is acceptable
- 40-60% of the fund's assets are invested in shares and the rest – in bonds
Age: over 58
SEB Pensija 58+
- Actively managed
- The aim is for the accumulated funds to be less dependent on financial market fluctuations
- Efforts are made to keep investment risk low
- 80-100% of the fund's assets are invested in bonds or other low-risk asset classes
A possibility to get a refund of up to EUR 300 per year
For a tailored calculation for you, please enter your details. Please note that the tax information provided is based on the currently valid regulatory enactments in the field of taxation, which may change over time. The tax result may vary in each case. The calculated values are preliminary and the final amount will be calculated when you submit your tax declaration. In order to receive the refund, you must submit a personal income tax declaration.
By concluding unit-linked or III pillar pension accumulation agreement until 31st December 2024, you will be able to use tax benefit and receive up to 300 euros annually for another 10 years. Tax benefit applies to contributions paid in one year to II and III pillar pension funds contracts and/or unit-linked contracts of no more than 1,500 Eur. Whilst the total amount of expenses cannot exceed 25% of your taxable income per calendar year. Tax benefit will not be applied to unit-linked agreements and/or III pillar pension accumulation contracts from 1st January 2025.
Next Generation Pension
Retirement planning doesn’t have to be complicated. Supplementary savings can help secure a larger pension and provide provide more financial opportunities.
- No investment experience needed - our specialists handle investment decisions for you.
- Retirement planning doesn’t have to be complicated. Supplementary savings can help secure a larger pension and provide more financial opportunities.
- We apply a single competitive fee that decreases as your accumulated amount grows.
- Investments are made in cost-effective financial instruments, such as exchange – traded funds (ETFs).
The service provider and distributor is Lithuanian branch of SEB Life and Pension Baltic SE.
Why should I start saving now?
Savings in III pillar might allow you to receive up to 80% of your current salary in retirement.* These age-based plans have one of the lowest management fees in Lithuania and offer competitive returns.
*The estimated pension size when accumulating in all three pension pillars according to the Bank of Lithuania's 2022 report "Accumulation for retirement: what can pension funds offer?".
Important changes to tax relief
Clients who conclude pension agreements from 1st January 2025, will not have the option to use tax benefit. Clients who will conclude agreements until 31st December 2024 will be able to receive tax relief for next 10 years.
More about third-pillar funds
Have questions about Pension 3rd pillar savings? Let us call you!
- Complete our simple form, and one our pension advisors will be in touch with you soon.
