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It is stipulated that people who have reached retirement age, who have worked for 40 years or more and who have received an early retirement for a shorter period, up to three years, may receive a full pension from 2021. It is estimated that the new order would require 1.2 million. additional budgetary resources
There are 280 people in Lithuania with long experience and receiving early retirement.
The changes would take effect from 2021, and the length of service required for beneficiaries of such pensions would increase by half a year each year. After 2026, when both men and women will only be able to retire at the age of 65, the required length of service will increase to 35 years, and those who want to receive a full pension after 20 years of early retirement will need a duration of service from 2027 will be 43 years old, and in 2031 and beyond 45 years.
In Lithuania, you can now receive an early pension if you are five years away from retirement, the person has accumulated the required duration of service and has no other income, but his future pension decreases by 0.4% every month. – this means that a person of retirement age receives a much lower benefit.
Early retirement pensions, which average 280 euros, have been paid since July 2004. They now receive around 5.7 thousand. people and their average duration of service is 35.9 years.
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