More than 300,000 requests to withdraw from the second level: hoping to avoid one scenario
Lithuania has seen over 300,000 requests to withdraw from pension savings, representing about 21% of residents, with a significant drop in requests following an initial surge.
Not all will receive II pillar pension payouts after death: it will depend on several factors
The article discusses the conditions under which beneficiaries may receive II pillar pension payouts in Lithuania after the death of a participant.