Government suggests stopping insurance payments to pension funds, funds to remain
BNS
Lithuanian Govt presents reform
PHOTO: DELFI / Karolina Pansevič
Lithuania's government has suggested terminating payments from the state-run social insurer Sodra to second-pillar pension funds. Employees who want to continue the payments will be able to pay 4 percent of their salaries, with the state adding another 2 percent of the average monthly salary.
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