Pensioners

International Internet Magazine. Baltic States news & analytics Monday, 26.06.2017, 18:49

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Bank of Lithuania submits position on necessary pension system reform

Bank of Lithuania submits position on necessary pension system reform

16.05.2017

The Bank of Lithuania, after conducting a study of the country’s pension system, states that, with no significant and immediate reforms undertaken, the future pensioners’ position will only deteriorate. The Bank of Lithuania is submitting a package of proposals that could change the situation if a long-term political agreement on the implementation of necessary measures is reached.

Keyword tags: Banks, Budget, Financial Services, Lithuania, Pensioners



Latvia's pension system stable, yet there is room for improvement - Audit Office

Latvia's pension system stable, yet there is room for improvement - Audit Office

16.05.2017

Latvian pension system is stable, yet there is room for improvement, according to the State Audit Office conclusions writes LETA.

Capital of Latvia's private pension funds grows 2.1% in January-February

Capital of Latvia's private pension funds grows 2.1% in January-February

22.03.2017

During the first two months of 2017, Latvia's private pension funds increased their aggregate capital by EUR 7.92 mln or 2.1 % to EUR 388.517 mln, according to the information released by the Latvian Association of Commercial Banks writes LETA.


Latvia registered smallest increase in average pensions in Baltics last year

Latvia registered smallest increase in average pensions in Baltics last year

06.03.2017

According to the Central Statistical Bureau, Latvia registered the smallest increase in the average pension amount in the Baltics last year.

Lithuania plans to introduce minimum needs basket of EUR 240-250

Lithuania plans to introduce minimum needs basket of EUR 240-250

08.02.2017

Lithuania's authorities are planning to introduce a minimum needs basket of around 240 to 250 euros that will show what minimum monthly income a person needs to survive, informs LETA/BNS.


03.02.2017

21.8% of Latvia's population at risk of poverty in 2015

A survey conducted by the Latvian Central Statistical Bureau (CSB) in 2016 showed that 424,000 people or 21.8% of Latvia's population were at risk of poverty in 2015, which is by 0.7 percentage points (ppt) less than in 2014.

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