Pensions in Lithuania may increase in July 2016 by an average of 6%, or 16 euro per pensioner. This was announced by the responsible minister during a press conference. The increase will be an average of 6% for all pensioners and requires 75 million euro from the state social insurance budget, in addition to another 10 million euros from the central government budget. On 1 July 2015, the government raised the basic state social insurance pension by 3 euro to 108 euro.
English: http://www.baltictimes.com/lithuanian_pensioners_may_receive_pension_raise …
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.