"The effect will be really tangible and noticeable, since the basic social benefits alone are increasing from EUR 55 to EUR 70, the state supported income is going up by EUR 45, and other benefits, both wage and social security ones, are rising by more than 10-12%," the prime minister told reporters on Monday.
"All of this will make a difference for around 700,000 residents of Lithuania, and we believe that it will help reduce indicators measuring poverty and social exclusion," Paluckas added.
The Government will seek a further rise in the benefit sizes in the coming year when the triennial state budget for 2025-2027 is set to be reviewed.
The Cabinet of Ministers on Monday approved the indicators used to determine the social benefits paid in 2025.
Next year, the basic social payment (BSI) will grow by EUR 15 to EUR 70 EUR,
The base for the social assistance pension (ŠPB) will rise by EUR 51 to EUR 248, the base of the targeted compensation (TKB) by EUR 43 to EUR 208, and the state-supported income (VRP) by EUR 45 to EUR 221.
The state budget for 2025 foresees additional funds of EUR 424.55 million for the said increases.
