Pension fund CBL Atklātais pensiju fonds

On changes to the Terms and Conditions of 3rd pension pillar plans “CBL Sabalansētais”, “CBL Aktīvais”, “CBL Aktīvais USD” and “CBL Indeksu” from November 22th, 2024

We would like to inform you that Pension Fund has developed amendments to the 3rd level pension plans "CBL Balanced", "CBL Aktīvais", "CBL Aktīvais USD" and "CBL Indeksu" (hereinafter all collectively referred to “Pension Plans”). In compliance with the requirements of regulatory acts, the amendments have been reconciled with the Bank of Latvia and they will enter into force on November 22th, 2024.

Amendments to the rules of Pension plans will provide for the right of the Pension Fund to apply a minimum administration fee of EUR/USD 5 in accordance with the price list to members of Pension Plans whose membership contract/s individual account balance for more than 12 consecutive months will be 30 EUR/USD (thirty euros/United States dollars, 00 cents) or less, and the last contribution to the Individual account of the Pension Plan based on the participation agreement was made more than 60 months ago. If the balance of the Individual account is 0 EUR/USD, the commission will not be withheld.

The new Terms and Conditions will come into force on November 22th, 2024. You can read the full Terms and Conditions here: www.citadele.lv/en/private/3rd-pension/plans/. More information about what is mentioned in this notice can be obtained by calling the phone number +371 67010146 or writing to the e-mail address pfonds@citadele.lv.

The Pension Fund reminds that, in addition to  pension levels 1 and 2, additional pension in level 3 will help ensure your projected future pension up to 70% of your current income. In order to ensure the regularity of contributions in your pension level 3 Individual Participation Agreement account and take care of your retirement accordingly, we invite you to make a regular payment in your Citadele banka online bank, where you can freely choose the amount of contributions and change them at any time.

Riga, 03.06.2024

The procedure for considering suggestions and complaints

You have the right to contact JSC "CBL Atklatais pensiju fonds" with a suggestion or complain regarding pension plans or the services provided by JSC "CBL Atklatais pensiju fonds", customer service, etc.

Privacy protection rules, effective from 09.02.2021.

Historical issues

Came into force on 27.03.2019.
Came into force on 25.05.2018.

CBL Atklātais pensiju fonds is a company of the Citadele group. Companies of the Citadele group provide a wide range of financial services, for this reason in some cases a customer’s interests may conflict with those of another customer or the company itself. We adhere to the internal policies and procedures of the Citadele group to ensure proper management of any such circumstances during business operations.

JSC "CBL Atklatais pensiju fonds" (hereinafter – the Pension fund) and AS Citadele banka are part of the Citadele Group (hereinafter – the Group) where AS Citadele banka is the Group’s parent company. The Pension fund complies with the remuneration policy approved by the Group.