I. Ruginienė confirmed to journalists that any surplus within the Sodra budget would be allocated to pension indexation. The minister stated that the standard calculation for next year’s pension indexation is projected to be around 8.5 percent.
To achieve a higher increase, additional funding would be provided with the goal of reaching at least 10 percent growth. “Our goal is that at least 10 percent of the average should rise. According to our calculations, it should rise by about 8.5 percent under the usual indexation.
We should increase by at least 10 percent with additional indexation,” Ruginienė explained. Addressing the quality of life for older working people, Ruginienė noted that the daily experiences often involve harassment, bullying, and derogatory language. She mentioned that this year, an additional 3 percent was added to the standard pension indexation.
Furthermore, she indicated that the principle of faster indexation is planned to be applied moving forward. The aim, she stated, is to ensure that the pension increase reaches at least the desired level, exceeding the standard 8.5 percent by an additional percentage boost.
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