100 protesters in Vilnius demand higher pensions

In a rally towards the parliament, the participants demanded that the pensions slashed during the economic crisis should be restored, also saying that the old-age pensions should be increased to the extent to make the people feel an actual improvement.

“Statements about increase of three litas (EUR 0.87) is fiction, nonsense and sneering,” the party’s leader Vytautas Jurgis Kadzys told journalists.

In the fourth quarter of this year, Lithuania’s government will start compensating for the part of pensions that was reduced during the crisis, with the scheme to be continued in 2015.

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The ruling coalition has also pledged to raise pensions by 16-17 litas from next July.

In Lithuania, an average old-age monthly pension currently amounts to 830 litas.

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