Objective of KLASIKA pension plan

The objective of KLASIKA pension plan is to preserve the value of contributions made and provide their constant growth in order to ensure you a higher pension during retirement.

Investment policy KLASIKA pension plan

KLASIKA pension plan pursues, a conservative investment policy by investing in fixed income instruments – government, municipal and international financial institution issued or guaranteed debt securities, corporate debt securities, deposits of credit institutions, as well as investment funds.

The pension plan investment policy does not envisage investments in equity and other capital securities.

Depending on the securities used by KLASIKA pension plan, its investment portfolio structure, as well as the value of the share and performance, can change.

Advantages:

• no additional contributions;
• your pension capital will be invested in the financial and capital markets, to ensure a possibility to receive a higher pension during retirement;
• your pension capital will be managed by the professional and experienced asset manager – LKB Krājfondi Asset Management Company;
• when applying to KLASIKA pension plan, you can:
  • receive a VISA Electron smart card with the transaction rate model without issuance fee and with a decreased annual usage fee;
  • receive a Maestro card without issuance fee and with a decreased monthly usage fee;
  • connect to Online banking, Telephone banking or Mobile banking free of charge.

How to apply?

You can apply to KLASIKA pension plan in any of Krā Client Service Centers by presenting a valid personal identification document – a passport or a driver’s license issued in the Republic of Latvia.

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Questions and answers