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This indexation was approved by the Seimas last year, but neither the state budget nor the Sodra budget for 2021 foresees it. 249 million Euros 7.17 percent is provided solely for automatic indexation of pensions.
“According to the president’s proposal, 67 million. Inga Buškutė, Head of the Pension Division of the Ministry of Social Security and Labor, said on Wednesday in the Budget and Finance Committee of the Seimas.
Earlier, Rita Babianskaitė, an advisor to this department, told the committee that the additional indexation of the basic pension is not foreseen in the 2021 budget due to economic uncertainty.
G. Nausėda proposed to index the basic pension additionally, by 1.91 percentage points, and thus increase pensions more quickly.
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