As statisticians announce that Lithuania’s gross domestic product (GDP) annual growth in the second quarter reached 3.8%, economists say that this was mostly influenced by…
Some residents who stopped accumulating in the second pension pillar at the beginning of the year and later submitted requests to withdraw may not have taken advantage of some of the benefits that accumulated over…
For residents who have decided to stop pension accumulation, part of the accumulated assets – state and “Sodra” contributions – are converted into pension accounting units. Exactly how many units are acquired,…
As pension fund managers finish paying out the second quarter of this year to those who have withdrawn their accumulated funds from the second pillar of pension savings, the Ministry of Social Security and Labour…