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SEB Balanced Pension Fund

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

You have at least 3 years until retirement
You prefer low-risk funds
You can tolerate moderate fluctuations in the value of pension assets during the accumulation period
Investments in shares up to 25%

Investment strategy

The SEB Balanced Pension Fund mainly invests in bonds and deposits; shares make up no more than 25% of the assets. As the fund mostly invests in bonds and deposits, there may be moderate fluctuations in the value of the fund’s assets.

SEB Balanced pension 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

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

Title
Pension disbursements

Description
The funds accumulated in the third pension pillar can be withdrawn at any time by redeeming all or the desired amount of pension fund units.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.

  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

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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.