Lithuanian President Dalia Grybauskaitė is somewhat sceptical about the so-called new social model, a package of reforms to the labour code and the country's welfare system.
pension
24 straipsnių
The Parliamentary Committee on Social Affairs and Labour is working out the final details of the social model package that would liberalise labour laws and reform the Sodra pension scheme, said Kristina Miškinienė, the head of the committee, on Žinių Radijas.
Even the €8 increase in the average pension will not help pensioners in Lithuania, who receive one of the most frugal pensions in Europe. President Dalia Grybauskaitė is encouraging lawmakers to index pensions, which would make them increase together with growing average wages in the nation, and the...
Lithuania pensions could rise by 6% to 7% in the coming year driven by their indexing to wage growth in the economy which is currently running at 5.5%, according to Prime Minister Algirdas Butkevičius.
