After looking into the results of Tier III pension funds, Kostas from Vilnius decided to choose another pension fund that earns a higher return. However, the man is afraid to take this step – by the end of 2024, a man who managed to conclude an agreement on accumulating pensions in Tier III can use the GPM relief for 10 years.
“But if I terminate the contract with the current company and choose a new one, will it not be treated as having terminated the current contract, and the GPM benefit will not apply to the newly concluded contract?”, the man wondered.
