In September of this year, the average old-age pension in Latvia was 627.71 euros, which is 6.47 euros more than in January, according to information provided by the State Social Insurance Agency.
In September of this year, 436,264 residents were receiving an old-age pension, which is 97 more than in January.
The old-age pension is granted to individuals who have reached the established age for receiving an old-age pension and have at least 20 years of insurance experience. In 2025, the retirement age will be 65 years.
