The pension fund participant can submit a free-form order for the disbursement of their 3rd pension pillar savings, including:
1. The pension plan from which savings are to be paid out;
2. The pension plan participant’s personal information and contact information, or that of their beneficiary / nominated person;
3. The reason for requesting the capital;
4. The disbursement method (bank account information);
5. The amount to be disbursed and the further actions to be taken with the pension agreement (cancellation or continuation).
The application must include copies of the documents which confirm your right to use the 3rd pension pillar capital.
Otherwise, you can present your personal identification document at any Citadele Customer Service Centre, first booking an appointment here, and fill out an application for disbursement of your 3rd pension pillar capital.
Your 3rd pension pillar capital can be disbursed all at once, or in instalments over a longer period. 3rd pension pillar capital is paid out by transfer to any bank account.
If the pension fund member does not have a current account with any bank, the 3rd pension pillar capital can be paid to a Citadele current account opened free of charge. 3rd pension pillar capital is disbursed within two weeks of receipt of the application by CBL Atklātais pensiju fonds, as long as all the necessary information has been submitted by the participant.