editorial partner Liberte! Friedrich Naumann Foundation

pension

Three Pledges of New Coalition and How to Calibrate Them  
Economy
Three Pledges of New Coalition and How to Calibrate Them  
The new coalition in Lithuania has made it clear that the aim is to ensure adequate funding for defense and national security. It has promised to reform the second pillar of pension funds as a priority. In addition, it has proposed a tax reform, with a specific component: progressive taxation for higher earners, irrespective of their income.
Widow’s Pension – Expensive and Politically Motivated Patch Instead of Systemic Reform
Economy
Widow’s Pension – Expensive and Politically Motivated Patch Instead of Systemic Reform
On August 9, Andrzej Duda signed the bill introducing the widow\'s pension. The widow\'s pension is intended to be a new way of combining a retirement pension and a survivor\'s pension. Previously, a widowed retiree could receive their own pension or 85% of their deceased spouse’s pension (the survivor\'s pension). The widow\'s pension allows beneficiaries to receive their own pension or survivor\'s pension along with an additional 15% of the other benefit.
Preference of the Moment, Our Destinies, And Financial Literacy
Economy
Preference of the Moment, Our Destinies, And Financial Literacy
The Lithuanian Parliament rejected the president\'s proposal to allow people to withdraw a quarter of their pension savings. However, a similar proposal will be considered in return. Politicians are, of course, inspired only by good motives - the desire for freedom and goodness. But freedom goes hand in hand with responsibility, which is valid every day and even more so in the long run.
Infusion of Young
Economy
Infusion of Young
For Slovakia, in particular, as the extremely strong generation of \"Husák\'s children\"* does not have a sufficient population replacement and will start to put a major strain on the health and pension systems in the coming decades.
Challenges of Timeless Ageing
Society
Challenges of Timeless Ageing
Today, the most worrisome problem is the pandemic and its management. The second problem is the effects of the pandemic on the economy and people. Other issues that seemed fundamental until recently, have been moved to the bottom of the agenda. But they did not disappear. One of those problems is population ageing. It continues, as it did before the pandemic, in Lithuania and all the Western world.
Slovak Finances: Politicians’ Appetite Grows with Crises
Economy
Slovak Finances: Politicians’ Appetite Grows with Crises
Some respected economists identified the issue of consolidation in public budget already in 2022 as a third-order problem. From an analytical point of view, he is, of course, right. A one-year deficit of 10% of GDP is nothing compared to a permanent two to five per cent deficit in the pension system with a declining workforce.
On the Eve of Slovak Parliamentary Elections
Politics
On the Eve of Slovak Parliamentary Elections
With the parliamentary elections approaching, Slovakia is facing an unprecedented situation of uncertainty. The elections are held after four challenging years, marked by the murder of the journalist Ján Kuciak and his fiancée Martina Kušnírová, and number of subsequent anti-government protests.