Taking into account economic growth projections and the proposed model of indexation, Butkevičius said “recent wage growth is 5.5% on average, so I think that for the next three years the growth will certainly not be less than 5.5%, but more, so the pensions could grow by 6-7%”.
After President Dalia Grybauskaitė pushed for a decision on the indexation of pensions, Prime Minister Algirdas Butkevičius said he hoped that this bill would be adopted by Parliament together with the rest of the social model.
“I hope that the parliament will adopt the whole social model, and I think that one or another law should not be excluded,” said Butkevičius.
Parliament Speaker Loreta Graužinienė said the discussions on the new social model had got stuck in the Parliament because the government has not coordinated the many bills involved with the Tripartite Council.
Žinių Radijas
While Prime Minister Gintautas Paluckas does not take issue with the statements made by the…
Lithuanian economists are surprised to see our country's economic growth: the Estonian economy has been…
"The fate of Nemuno Aušra (Dawn of Nemunas) in the coalition has been decided; they…
Airvolve, a Lithuanian dual-purpose aeronautics company, has successfully completed its first round of testing and…
The world is becoming smaller, more intertwined, and increasingly fragmented, with many of the previous…
In recent years, Vilnius, the vibrant capital of Lithuania, has experienced a culinary renaissance. While…
