Minimum monthly wage has been raised by 16.7 % from 600 to 700 litas (from 174 to 203 euros), minimum hourly pay went up from 3.66 to 4.19 litas (from 1.06 to 1.21 euros). This will affect about 15 % of all employed people in Lithuania who earn minimum wage.
o 700 litas (from 174 to 203 euros), minimum hourly pay went up from 3.66 to 4.19 litas (from 1.06 to 1.21 euros). This will affect about 15 % of all employed people in Lithuania who earn minimum wage.
Starting from July, retirement pensions become more dependent on persons length of service (see our story n°070116). Pensioners who have more than 30 years work experience will get, for each additional year at work, 3 % more of a size of basic pension. Basic pension in Lithuania now constitutes
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