A pension annuity will secure regular payouts for life.
In accordance with the current legislation, acquisition of a pension annuity is mandatory, if the accumulated amount exceeds EUR 10 000. If an annuity is acquired, Sodra will make payouts.
You may acquire a pension annuity by submitting an application to Sodra:
- in any Sodra’s resident service office or having logged in to the webpage gyventojai.sodra.lt;
- in any Swedbank’s branch. Please book a consultation via internet or by phone 1884.
Before applying, choose one of the annuity types offered by Sodra: standard, standard with a guarantee or deferred. You may find further information on annuity types and calculations having logged in to Sodra’s webpage here.
If you submit an application for the acquiring of a pension annuity to Sodra, then within 3 working days you will have to submit an application to Swedbank for a payment from the pension fund (booking of a consultation is required). Otherwise, the application for an annuity submitted in Sodra will be annulled.