pension funds Archives - the Lithuania Tribune

Government suggests stopping insurance payments to pension funds, funds to remain

April 16, 2018 BNS 0

Lithuania’s government has suggested terminating payments from the state-run social insurer Sodra to second-pillar pension funds. Employees who want to continue the payments will be able to pay 4 percent of their salaries, with the state adding another 2 percent of the average monthly salary. […]

Lithuanians advised to make additional contributions, return to Sodra – FinMin

March 2, 2017 BNS EN 0

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. […]

Lithuanian pension funds report losses

April 12, 2016 LT Daily 0

The first quarter of 2016 has been tough for Lithuania’s private pension funds, most of which suffered losses, except for the most conservative ones, LRT reports. Fund managers say it has to do with the […]