Lithuania to complete pension system reform by late 2019

  • 2017-03-08
  • BNS/TBT Staff
The Lithuanian Government, led by Prime Minister Saulius Skvernelis, intends to make the first decisions in connection to restructuring of the pension system in the nearest future, while implementation of all reforms may take until the end of 2019, according to the measures of the government plan published on Thursday, March 2. In the first quarter of this year, the debt of the state-run social insurer Sodra should be moved to the state treasury. The Sodra debt stood at 3.894 billion euros at the end of 2016, including 3.593 billion euros in loans provided by the governme...
 
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