Thu, 7 Aug 2003: Pension reform opens opportunities…
Aug 7, 2003 Baltics
The second and third funds would invest 20 and 40 percent, respectively, in corporate stocks, the rest being put in government securities," said Mazdzelius, who emphasized that Hansabankas could n...Tags: Business Plan, Capabilities, Communications Director, Composition, Corporate Stocks, Government Securities, Institutions, Insurance, Insurance Providers, Life Insurance, Lithuania, Marketing, Pension Reform, Strategists
Thu, 10 Jul 2003: Pension reform in Lithuania…
Jul 10, 2003 Lithuania
Under the law, pension funds can be penalized with fines of up to 100,000 litas (28,986 euros) for violation of the advertising rules. The law on pension reform allows the current pay-as-you-go sy...Tags: Advertising Rules, Contribute 2, Current System, Insurance, Insurance Fund, Law Pension, Lithuania, Mandatory Insurance, Pension Funds, Pension Reform, Percentage Rate, Social Insurance, Sodra, Voluntary Basis
Thu, 19 Jun 2003: IMF gives Lithuania pat on back…
Jun 19, 2003 Lithuania
The IMF official also criticized the country's authorities for their unwillingness to start real reforms in the healthcare and pension system. "Lithuania has taken only its first steps in this dir...Tags: Allocations, Alonso, Authorities, Budget, Estimates, First Steps, Gamo, Gdp, Imf Mission, Imf Official, Lithuania, Pension Reform, Pension System, Shadow Economy
Thu, 1 May 2003: Baltic pensions need indexation…
May 1, 2003 Baltics
Estonian pension reform is on the right track when it is moving toward indexation," he said.The European Commission forecasts that by 2050 each person over 65 in the EU will be supported by two wo...Tags: Baltic, Colonies, Cooperation, Economic Section, Eu Countries, Eu Member States, European Commission, European Commission Delegation, Harmonization, Indexation, Moving, Pension Reform, Pension Systems, Pensioner, Pensioners, Pensions
Thu, 19 Aug 1999: IMF evaluation interpreted…
Aug 19, 1999 Baltics
The IMF executive board concluded that we've done pretty well. They praised our efforts to cut budget deficit, approved of the pension reform, even though it was controversial enough to be put on ...Tags: Board Concluded That, Budget Deficit, Budget Deficits, Currency, Imf Executive Board, Pension Reform, Pleasure, Protectionism, Referendum, Shame, Tariffs
Thu, 5 Aug 1999: Deficit and pension reform…
Aug 5, 1999 Baltics
Such arguments can be dismissed by the statement that one sometimes has to take severe and unpopular measures to reach economic prosperity which would bring benefits to all. Instead we can look at...Tags: Balance Of Payment, Best Case Scenario, Deflation, Economic Prosperity, Economy, Gdp, Manufacturing Sector, Measures, Pension Reform, Perio, Recession, Slow Down, Slow Downs, Slumps, Unemployment, Virtues And Vices
Thu, 22 Jul 1999: Estonia reforms social tax system…
Jul 22, 1999 Estonia
The pension sums are income tax free until they are withdrawn from the fund. The government does not intend to change the present social tax rate to carry out pension reform. At present, the emplo...Tags: Endowment, Estonia, Health Insurance, Income Tax, Insurance, Insurance Budget, Insurance Payments, Pension Fund, Pension Funds, Pension Insurance, Pension Reform, Pillar, Social Tax, Sums, Tax Rate, Trade Unions