Pensioners

International Internet Magazine. Baltic States news & analytics Saturday, 28.05.2016, 08:58

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Pensioners ask Latvian PM to compensate growing electricity costs

Pensioners ask Latvian PM to compensate growing electricity costs

24.05.2016

The Latvian Federation of Pensioners has sent a letter to Prime Minister Maris Kucinskis (Greens/Farmers) with a request to create a mechanism to compensate low-income pensioners for the rising cost of electricity.

Keyword tags: Energy, Latvia, Legislation, Pensioners



Average old-age pension in Estonia was EUR 370.6 in Q1

Average old-age pension in Estonia was EUR 370.6 in Q1

20.05.2016

The average old-age pension in Estonia was 370.6 euros per month in the first quarter of 2016, data of Statistics Estonia show, cites LETA.

Private pension funds in Latvia have increased capital by EUR 4.7 mln in 4 months

Private pension funds in Latvia have increased capital by EUR 4.7 mln in 4 months

19.05.2016

During the first four months of 2016, Latvia's private pension funds increased their aggregate capital by EUR 4.69 million, or 1.4%, to EUR 335.087 million, the Association of Latvian Commercial Banks informed LETA, citing information from the Private Pension Funds Committee.


Latvian economist sees aging, low productivity as key challenges in Baltics

Latvian economist sees aging, low productivity as key challenges in Baltics

17.05.2016

An aging population and low productivity are the biggest challenges for economic growth in the Baltic countries, Swedbank's chief economist in Latvia said on Tuesday, cites LETA/BNS.

Minister: Estonian pension system needs change

Minister: Estonian pension system needs change

12.05.2016

Although present pensioners need not worry, the pension system of Estonia definitely needs to be changed in the future as a result of demographics, Minister of Social Protection Margus Tsahkna told lawmakers on May 11th, cites LETA/BNS.

29.04.2016

Government-funded pension scheme in Latvia has accumulated EUR 2.4 bln

The assets of pension plans under the government-funded or second-pillar pension scheme in Latvia grew by EUR 73 million in the first quarter of 2016 to EUR 2.4 billion at the end of March, the Finance and Capital Market Commission (FCMC) said, cites LETA.

27.04.2016

Index fund-type pension fund being created in Estonia

A group of Estonian investors is setting up a new pension fund, Tuleva, which would operate as an index fund and therefore allow the management fees to be kept low, the weekly Eesti Ekspress reports, cites LETA/BNS.

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