On the path to bigger income in the future – news in Latvia’s Pension Law
Too often than not residents in Latvia do not follow their pension, because in most cases the word pension is something they associate with the far future. Additionally, people sometimes do not understand how their pension is calculated. In reality, however, it is all simple – the future pension «grows» little by little every day. The pension amount depends on two main indexes: residents’ paid tax amount and how much the saved up money is able to earn residents...
