Pensioners

International Internet Magazine. Baltic States news & analytics Wednesday, 08.12.2021, 15:19

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Luminor: Average pension in Latvia at 44% of average wage

Luminor: Average pension in Latvia at 44% of average wage

26.11.2020

The average monthly old age pension is Latvia is EUR 365, or 44% of the average wage, Anzelika Dobrovolska, pension product manager at Luminor Bank, said today in a discussion on the Latvian pension system's future, cites LETA.

Keyword tags: Analytics, EU – Baltic States, Financial Services, Latvia, Pensioners, Wages



Estonian FinMin: 2nd pillar reform to be launched as planned

Estonian FinMin: 2nd pillar reform to be launched as planned

20.10.2020

The Supreme Court of Estonia did not find any conflicts with the Constitution in the reform of the second pillar of pensions, and according to the Ministry of Finance, the reform will enter into force according to the previously established plan.

Estonia's top court turns down president's request to deem pension reform unconstitutional

Estonia's top court turns down president's request to deem pension reform unconstitutional

20.10.2020

The Supreme Court of Estonia has not satisfied a request of the president to declare the reform of the mandatory funded pension unconstitutional, informs LETA/BNS.


Lithuania may raise minimum wage by EUR 35, child benefit by EUR 10 in 2021

Lithuania may raise minimum wage by EUR 35, child benefit by EUR 10 in 2021

14.10.2020

The Lithuanian government proposes to raise the minimum wage from 607 euros to 642 euros before tax and increase the monthly child benefit from 60 euros to 70 euros in 2021, reports LETA/BNS.

Risks associated with suspension of pension payments in Estonia

Risks associated with suspension of pension payments in Estonia

05.10.2020

In October 2020, people will be able to decide whether to continue their contributions to the second pension pillar from Dec. 1 of this year until the end of August 2021, but according to SEB, the suspension of contributions involves several risks.


05.10.2020

SEB: Risks associated with suspension of pension payments in Estonia

In October, people will be able to decide whether to continue their contributions to the second pension pillar from Dec. 1 of this year until the end of August 2021, but according to SEB, the suspension of contributions involves several risks, LETA/BNS writes.

16.09.2020

The average pension in Lithuania could increase to 404 euros

Old-age and disability pensions could rise 7.17% in Lithuania in 2021, based on the pension indexation coefficient calculated under the latest economic development scenario, informs LETA/BNS.

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