© DELFI / Domantas Pipas

Shrinking pensions, emigration and a low birth rate are all related problems, according to Conservative Rimantas Jonas Dagys, a member of a Parliamentary Social Affairs and Labour Committee, who is proposing to link pensions to the average wage.

“I am offering a package of amendments that would deal with the issue of pension depreciation. Currently, pensions are 36% of the average salary, but that rate is decreasing. I think that in the next 20 years it will drop to 24% of the average salary. Even in 2013, we had specified that pensions reach 40% of an average salary,” said Dagys.

The main reason of the changing ratio between wages and pensions is the worsening demographic situation, he said.

“At present, two able-bodied people support one retiree, in 2035 this ratio will be that one worker will support one retiree. Naturally, that will reduce the average pension,” said Dagys.

“Of course, if you fail to cope with demographic aging and weakening of the family, social problems will have a higher tax burden - the costs will inevitably grow in an old society. The only solution is to increase the birth rate and to recover emigrated workforce,” said Dagys.

Lrytas.lt

From transgender person to Karbauskis' son: 2020 military list

Five players of Lithuania's two top basketball teams, two members of the national football team, a...

Lithuania's population grows for 1st time in 28 years

Lithuania's population has grown for the first time in 28 years due to migration trends, the...

Liberals move to lower minimum age for standing as MP

The opposition Liberal Movement proposes to amend the Constitution to lower the minimum age for...

President on Holocaust: we can only imagine how many generations we lost

Lithuanian President Gitanas Nauseda said one can only imagine how many generations the country and...

Police wants info on man who could provide info on alleged kidnapped girl

Lithuanian police are looking for a man who could provide information on the alleged kidnap of a...