Government: the ratio of old-age pensions to the average salary will reach at least 50%.

Government: the ratio of old-age pensions to the average salary will reach at least 50%.

This is planned in the draft Government program implementation plan, which the Cabinet of Ministers is expected to consider soon.

Read more Basketball fans demand Balčiūnas’ resignation – widely signing the petition

It is forecasted that this year the ratio of the average wage to pensions will reach 47.4%. To increase it, the Ministry of Social Security and Labour promises to raise pensions faster by the beginning of 2028.

Read more From Lithuanian literature to international bestsellers: what the Writers’ Union Publishing House will present at the «Book Square»

Translated from

Leave a Reply

Your email address will not be published. Required fields are marked *