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SEB III Pillar Pension Fund 65+

You can save in a third-pillar fund by making regular contributions or just transferring money when possible.

You are planning to withdraw your III pillar as funded pension or to withdraw your III pillar as a one-time disbursement during the next 3 years
You prefer low-risk funds
You can tolerate moderate fluctuations in the value of pension assets
The fund invests mainly into bonds and deposits, but equity instruments are allowed, if the portfolio's total risk will not exceed the fund's risk profile.
Confirm your choice in the Internet Bank

Investment strategy

Up to 40% of the SEB III pillar pension fund 65+ assets are invested in instruments with equity risk, and the rest is invested mainly in debt securities and deposits. When making investments, including investing in instruments with equity risk, the management company makes sure that the risk level of the investment portfolio of the fund corresponds to the risk profile of the fund.

Saving goal

Growing the value of pension assets. This means that the long-term rate of return of the money invested in the pension fund should exceed the rate of inflation.

Key information
Rate of return of the fund
Information about sustainability (EST)

SEB’s pension funds are managed by SEB Varahaldus. The Estonian branch of SEB Life and Pension Baltic SE and SEB Pank act as intermediaries of the pension funds of SEB Varahaldus.

Receive 20% tax refund from your annual contributions

For a tailored calculation for you, please enter your details. The presented tax information is based on currently valid normative acts; however, tax legislation may change over time. The amount of income tax refund may vary. The calculated values are preliminary and are based on the numbers entered in the calculator. The final amount is calculated when submitting the income tax return. To receive an income tax refund, you must file an income tax return.

Pension disbursements

The funds accumulated in the third pension pillar can be withdrawn at any time by redeeming all or the desired amount of pension fund units.
Income tax is applied to the entire disbursement amount, the tax rate is dependent on the age and length of the investment period.

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  1. upon the expiry or termination of a fixed-term agreement

  2. upon the termination or during the term of an agreement with an unspecified term

Why should I save for retirement?

The current pension system means that an ordinary pensioner will receive a pension that is only 40% of their salary before the retirement. By saving into the second and third pillars, you can expect to receive 60–70% of your pre-retirement income.
Now, we are going to receive less from the state in retirement than previous generations. In addition, life expectancy is increasing, which means that retirement lasts longer and having your own savings is more essential than ever.
Through being proactive, you can influence how your savings grow over time so you can plan your pension better.
The sooner you start to save for the retirement, the less you need to save every month.