Legislation concerning the allocation of funds from the “Sodra” social insurance fund to pension adjustments has recently been a subject of discussion. Initially, the President submitted a law to the Seimas stipulating that a minimum of 20% of the annual sodra surplus should be dedicated to the additional indexation of pensions. Following a recent meeting between the President and the Prime Minister, a compromise proposal was put forward.
The Prime Minister suggested allocating a minimum of 15% of the sodra surplus toward the increased indexation of pensions. The President acknowledged this figure as a viable compromise during a broadcast on “Radio News.”
Separately, commentary addressed the legislative timeline. According to the President’s representative, the bill submitted by the President had faced delays within the government while awaiting cabinet conclusions.
However, the President expressed confidence that this procedural delay was now resolved, suggesting that a decision had been reached at the governmental level. The ongoing discussion centers on finalizing the percentage of the sodra surplus that will support the stability and growth of the national pensions system.
Topics: #pensions #sodra #surplus
