pension
Pension accumulation law violated Constitution
The Constitutional Court ruled Thursday that the pension accumulation law restricted the ability to withdraw money from pension funds and thus violated...
Average pay growth allowed for 12% rise in pensions last year
A 12% growth in the average wage over 2023 has paved the way for the same increase in the old-age pension , the social insurance fund Sodra said Thursday.
Lithuania last among OECD countries in net pension replacement rate
The latest report by the Organisation for Economic Co-operation and Development ( OECD ) indicates that Lithuania ranks last in the net pension replacement...
Government grants first-degree state pension to award-winning pianist Rubackytė-Golay
The Government has granted a first-degree state pension to Lithuania’s most celebrated international concert pianist Mūza Rubackytė -Golay, winner...
SocDems warn against low pensions, urge action for the sake of young people
The opposition Social Democrats are calling for attention to the future of young people in Lithuania, citing the country’s poor ranking in a report by...
Kiril Čachovskij
