The beginning of the new academic year is a suitable occasion to discuss the state of financial literacy in Lithuania. Research shows that Lithuanians aged 18-29 have their knowledge about various financial…
Since the beginning of the pension accumulation reform, about 660 thousand people have withdrawn from the II pension pillar. Although the pension reform gave residents more freedom to decide whether they want…
Currently, there is increasing discussion in Lithuania about demographic challenges – declining birth rates, shrinking working-age population, and the fact that in the future one worker will have to support more…
The first wave of second-pillar pension fund payments became an opportunity for some residents to reduce the burden of financial obligations. In April, the number of early loan repayments increased…
In search of a solution on what portion of the “Sodra” surplus from next year should be allocated to additional pension indexation, the Prime Minister says that an agreement is approaching and emphasizes that the most important thing is…
Prezidentūrai raginant Vyriausybę pateikti išvadą dėl šalies vadovo siūlymo dalį „Sodros“ biudžeto pertekliaus nukreipti ne į rezervą, o kitų metų pensijų papildomam indeksavimui,…
Throughout August, Lithuanians are invited to create the world’s first “pension fund” for old-growth forests. This is a new campaign by the “Ancient Forest Fund” and “Synthesis CG” called “Forest Bank,” aiming to…
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…
President Gitanas Nausėda’s advisor urges the Government to finally provide a conclusion on the law amendment proposed by the head of state, which would allocate part of the “Sodra” budget surplus…
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…