PERSPECTA

News from every angle

Back to headlines

Lithuania Explains Conversion of State Contributions for Those Exiting Second-Pillar Pensions

Residents who opted out of the second-pillar pension accumulation scheme will soon receive payouts, with their paid contributions and investment results transferred to bank accounts, while the state and 'Sodra' contributions will return to 'Sodra' and be converted into pension accounting units.

PostShare