Pensioners

International Internet Magazine. Baltic States news & analytics Wednesday, 28.09.2016, 03:05

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Lithuanian Seimas green-lights social security, pension reforms

Lithuanian Seimas green-lights social security, pension reforms

30.06.2016

The Lithuanian parliament on June 29th gave its final green light to start in 2017 a reform of the pay-as-you-go social security system that provides for introducing a ceiling on social insurance contributions and for using state budget funds to pay basic pensions, informs LETA/BNS.

Keyword tags: Analytics, Financial Services, Legislation, Lithuania, Pensioners, Society



Lithuanian pension funds unlikely to revise their strategies due to Brexit

Lithuanian pension funds unlikely to revise their strategies due to Brexit

28.06.2016

The global capital market turmoil caused by Britain's decision to leave the European Union is unlikely to prompt Lithuanian pension funds to revise their strategies in the near term, the president of the Lithuanian Investment and Pension Funds' Association said on June 27th, cites LETA/BNS.

EU assistance for stronger pension market in the member states

EU assistance for stronger pension market in the member states

27.06.2016

Commissioner Jonathan Hill responded to modern issues concerning deepening of the single market, building a Capital Markets Union, and supporting strong pensions market in Europe. At the “Pensions Europe Conference”, he claimed that the number of retired people will double in the near future and that pension funds can strengthen EU financial sector.


LHV bought Danske's Estonian pension funds for EUR 10.9 mln

LHV bought Danske's Estonian pension funds for EUR 10.9 mln

22.06.2016

AS LHV Varahaldus, asset management subsidiary of AS LHV Group, bought Danske Capital AS for 10.92 million euros, LHV told the stock exchange, informs LETA/BNS.

Capital accumulated in government-funded pension scheme in Latvia grows by 3.1% in Q1

Capital accumulated in government-funded pension scheme in Latvia grows by 3.1% in Q1

08.06.2016

In the first quarter of the year 2016, the capital accumulated in the government-funded or second-pillar pension scheme in Latvia grew by EUR 72.9 million or 3.1% to EUR 2.4 billion at the end of March, reported LETA, referring to the Finance and Capital Market Commission (FCMC).


24.05.2016

Pensioners ask Latvian PM to compensate growing electricity costs

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.

20.05.2016

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

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.

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