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Disbursements from the third pension pillar




Disbursements from the third pension pillar can be made based on an insurance agreement

  • upon the expiry or termination of a fixed-term agreement,
  • upon the termination of or during the term of an agreement with an unspecified term.

Disbursements from voluntary pension funds can be made at any time by redeeming all or the desired amount of pension fund units.

SEB Lifelong Pension


On the basis of the SEB Lifelong Pension agreement, disbursements will be made in the amount previously agreed upon until the end of your life. Lifelong disbursements from the third pillar as monthly and quarterly pensions are exempt from income tax after you turn 55 years old.

In the case of the death of the insured person during the guarantee period, the insurance agreement expires, pension disbursements are stopped, and the beneficiary (beneficiaries) is paid the contractual pension disbursements as a lump sum.
Terms and conditions of the SEB Lifelong Pension

From 1st of January 2022 new SEB Lifelong pension agreements can not be concluded.