Jensen, Svend E. Hougaard; Lassila, Jukka - In: Journal of Economic Policy Reform 5 (2002) 1, pp. 17-36
This paper points out a number of problems associated with the existing pension system in Lithuania. Reforms are proposed, including (i) a substantial increase in the basic pension benefit rate, financed on a pay-as-you-go basis, provided universally, and regulated according to wage/price...