Minimum accumulation definition
Minimum accumulation option means that a participant agrees to a 2% transfer from SoDra, and thereby one‘s old-age pension would be reduced accordingly, by evaluating those 2%. This alternative is somewhat better than the “Go back to SoDra” option, but it only insignificantly increases the size of income at old age (Fig. 2). An in- dividual who receives an average wage and accumulates a pension in the system for 30 years receives a monthly pension that is LTL 150higher.