Over 2016, the number of those receiving pensions went down by 5,900 (0.6 pct), said Statistics Lithuania.
Spending on pensions last year increased by 78 million euros (3 pct) from 2015 to 2.6 billion euros.
The Parliamentary Committee on Social Affairs and Labour is working out the final details of the social model package that would liberalise labour laws and reform the Sodra pension scheme, said Kristina Miškinienė, the head of the committee, on Žinių Radijas. […]
Lithuania’s Prime Minister Saulius Skvernelis has restated plans of raising pensions, if the country’s economy grows, adding that this would not depend on political will. […]
Lithuanian residents who are expected to have the lowest old-age pensions will be advised to make additional contributions to their pension fund or return to the state-run social insurer Sodra, says Finance Minister Vilius Šapoka. […]
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