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The draft amendment to the Social Security Pension Law was approved by the Seimas Social Affairs and Labor Commission on Friday.
The proposed amendment to the law also provides for the allocation of funds until 2020. December 31 Old-age pensions for people who have received an early retirement pension will not be reduced due to receiving an early retirement pension if their beneficiaries they have received an early retirement pension for no more than three years and their period of service at the time of early retirement is at least 40 years.
It is proposed to start paying non-reduced old-age pensions to these people by 2021 at the latest. March 31, with payment starting in 2021. January 1 The resulting difference in pension amounts.
It is proposed that the new provisions of the law take effect from 2021. January 1 The Seimas will have the last word on this matter.
ELTA recalls that in May of last year, Algimantas Dumbrava, a member of the Seimas Commission for Social Affairs and Labor, registered an amendment to the law that proposed that people aged 40 and over do not reduce their old-age pension if they receive a pension. of old age for no more than 3 years.
This proposed amendment to the Social Security Pension Law was also approved by the Seimas plenary, but is still pending adoption.
Dumbrava has said that the project would affect about 900 people, who “worked hard and deserved attention.” According to him, the implementation of the proposed project will require insignificant funds from the Sodra budget.
According to MP A. Dumbrava, who has such a long service, it would be fair not to reduce the old-age pension for those who took advantage of the opportunity to retire early.
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