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Lithuanian President Dalia Grybauskaite has signed into law next year?s budgets of the State Social Insurance Fund (Sodra) and the Compulsory Health Insurance Fund.
Although Sodra?s budget deficit was decreasing little by little, the authorities should continue to spare no efforts in order to balance the revenues and the expenditures of the fund, a press release from the President?s Office quoted Grybauskaite as saying.
The state leader urged to address unemployment problems effectively and to launch a substantial pension reform. She pointed out that the mechanism of compensating the pensioners and the disabled for the reduction of benefits during the crisis had not been established as yet.
The Constitutional Court has stated that the state shall provide fair compensation for the losses that resulted from the reduction of pensions.
The 2013 Sodra?s budget projects 9.679 billion litas (EUR 2.8 b) in revenues and 11.363 billion litas in expenditures. The revenues and the expenditures of the Compulsory Health Insurance Fund should reach 4.122 billion litas and 4.122 billion litas, respectively, according to its budget law.
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