Calculated how much additional income current pensioners would receive - considering where to use the money transferred from the budget to the second pension pillar

The country's large commercial banks are entering the fight over the fate of the second pension pillar. They are calling on the authorities to ensure that as many participants and money as possible remain in it. However, Minister Inga Ruginienė responds that the fund managers themselves must try and convince Lithuanians to stay in the second pillar. The fight is also underway over 300 million euros in incentive payments from the state budget.

By maintaining the state incentive contribution of 1.5% of the country's average wage (VMU) from the previous year, the government is encouraging those considering withdrawing from pension savings to continue it, says Minister of Social Security and Labor Inga Ruginienė.