International Internet Magazine. Baltic States news & analytics
Wednesday, 26.11.2014, 15:47
Out of all eurozone countries, residents of Latvia were the least supportive of increasing the retirement age, according to the latest survey conducted by the Eurobarometer, cites LETA.
Keyword tags: Analytics, EU – Baltic States, Latvia, Pensioners, Society
Statistics Estonia said when presenting its fresh pension system forecast on Monday that the increase in retirement age agreed upon now is too slow, and in 25 years time, the retirement age should be 70 years already, due to the aging population and emigration, LETA/Public Broadcasting reports.
Almost every fourth resident of Latvia (23%) wants to receive a monthly pension in the amount of over EUR 1,000, according to a survey conducted by Citadele, cites LETA.
While Estonian people are showing more interest towards their retirement assets, the general level of awareness is quite low, Public Broadcasting cites a Swedbank survey.
Parliament Speaker Loreta Grauziniene tried to calm the activists of the Lithuanian Pensioners' Party (LPP) by promising that pensions that were reduced during the crisis will be reinstated based on financial capabilities of the state, informs LETA/ELTA.
In a United Nations global survey, in tandem with "HelpAge International", the so-called aging index was tabulated after examining the situation in 96 countries, informs LETA.
The Political Council of the ruling majority in Lithuania convened for a sitting on Friday and reached a decision to increase the basic pension from 1 July 2015. If the increase comes on that date, then the move will require additional LTL 92 million (EUR 26.6 million), informs LETA/ELTA.