Retirement

  • Politics

President signs pension, social insurance reform into law

Lithuania's President Dalia Grybauskaitė has signed into law the reforms of the pension system and the state-run social insurer Sodra,…

8 years ago
  • CORPORATE

Three out of four Lithuania‘s pensioners work

Three out of four pensioners in Lithuania have occasional or regular work to supplement the small retirement pensions they receive.Currently,…

8 years ago
  • CORPORATE

Lithuanian pension funds report losses

The first quarter of 2016 has been tough for Lithuania's private pension funds, most of which suffered losses, except for…

9 years ago
  • Economy

Making Lithuania’s tax system more like Estonia’s would generate extra €2bn, says economist

If Lithuania made its tax system more transparent, like Estonia's, it could collect about €2.5 billion more to its coffers…

9 years ago
  • CORPORATE

Indexing could raise pensions by up to 7%, says Butkevičius

Lithuania pensions could rise by 6% to 7% in the coming year driven by their indexing to wage growth in…

9 years ago
  • CORPORATE

Economic crisis reason for smaller pensions in Lithuania, says Butkevičius

The reason that Lithuanian pensioners currently receive lower pensions than in other countries is that during the economic crisis, Lithuania,…

9 years ago
  • Economy

Retirement pensions to be raised to €265

Average retirement pensions is to be raised by €8.21, to €265, as of January next year, the Lithuanian government decided…

9 years ago
  • Economy

Lithuania plans to raise retirement age

The Lithuanian Parliament has begun considering legislative amendments that would peg retirement to average life expectancy. It has been proposed…

9 years ago
  • Economy

Lithuania’s labour code overhaul divides opinions

Lithuania is often described as a country where potential investors are put off by a tax system inherited from the…

9 years ago
  • Economy

Lithuanians do not plan for retirement, bank analysts warn

It seems that Lithuanians care little about their financial security after retirement - their knowledge about the pension system is…

10 years ago
  • Economy

Lithuanians hope for retirement pensions in excess of current incomes

A poll commissioned by Aviva Lietuva shows that almost half, or 49 percent, of respondents hope to receive retirement pensions…

10 years ago