Amendments To The State Funded Pension Law

Original Language Title: Grozījumi Valsts fondēto pensiju likumā

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Read the untranslated law here: https://www.vestnesis.lv/op/2016/31.9

The Saeima has adopted and the President promulgated the following laws: law on State funded pensions in State funded pension Act (the Latvian Saeima and the Cabinet of Ministers rapporteur, 2000, nr. 7; 2002, nr. 24; 2004, nr. 2, 9.; 2005, 12. No; 2006, 21 no, 12; 2007; 2008, nr. 21. no; 2009, 1., 10., 14. no; Latvian journal nr. 206., 2010; 2012, nr. 189; 2013, 142, no. 187; 2014, 75 no). the following amendments: 1. in article 10: to supplement the first part with a 1.1 point as follows: "11) provides occupational pension scheme contributions of members of the management, transfer the accrued pension funded from funds seeking equity managers, occupational pension scheme members changing the investment plan or termination of the membership of occupational pension schemes and occupational pension funds to transfer capital managers investment plan Exchange;"; to supplement the article with the fourth paragraph as follows: "(4) the first paragraph of this article and paragraph 1 1.1 tasks in accordance with the law of public administration facilities may be delegated to private individuals. In carrying out these tasks, the individual is under the Agency's functional. " 2. Make 12 the first paragraph of article 4 as follows: "4) deposits with a credit institution which received the license of the business of credit institutions in a Member State or in the country, which is the Organization for economic cooperation and development and a member of the European Parliament and of the Council of 26 June 2013 Regulation (EU) no 575/2013 for the prudenciālaj requirements for credit institutions and investment firms, and amending Regulation (EC) No 648/2012 (text with EEA relevance) is recognized as a country where credit institutions apply monitoring and regulatory activities, which are equivalent to those applied in the European Union; ". The Parliament adopted the law of 4 February 2016. The President of the Parliament instead of the President i. Mūrniec Riga 2016 February 15.