Row breaks out over Lithuanian pensions

In an initiative that is being closely watched throughout central and eastern Europe, the Lithuanian government has been taken to constitutional court for breaking pension reform promises

A Lithuanian action group representing participants in the local private pension system has become the first association in central and eastern Europe to sue a government for reducing contributions to the county's private pension system.

In an initiative that is being watched closely throughout the region where governments have taken similar action, the Lithuanian government is being sued in the constitutional court by the Lithuanian Association of Pension Fund Participants following its decision to reduce the level of contributions to the country's private pension system.

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