Pension

What will happen to the capital saved in my level 2 pension if, on reaching the national retirement age, I decide to continue to work?

If you continue to work once you reach retirement age, you can do the following with the capital saved in your 2nd pension pillar:

  • Use it to purchase a Lifetime Pension Insurance policy, and decide the amount and frequency you would like your pension payments to be.
  • Add it to the capital saved in your 1st pension pillar, and receive your pension payments in accordance with the Law on State Pensions.
  • If you continue to work, your social contributions will be added to your 1st pension pillar.

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