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Pension indexation and other decisions viewed by the Saeima this week

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUOn Thursday, 10 March, Latvia’s Saeima will decide on support for higher pension indexation starting from 2017. Amendments to the State Pension Law state pension indexation calculation will take into account 50% of the salary’s insurance fee instead of the current 25%.

Members of the parliament will view amendments to the Archives Law. These provide for refusal of the practice of certification of archive specialists.

In the third reading, deputies will view amendments to the Criminal Law, which suggest a number of changes to the law, including criminal liability for employers who pay wages that are not mentioned in accounting documents.

Amendments to the Corruption Prevention and Combating Bureau will be viewed in the final reading. These amendments provide improvements to regulations regarding the work of the bureau and options for dismissing the head of the bureau.

The Saeima will also view amendments to the Personal Income Tax Law. These amendments suggest allowing residents not to submit declarations for income from hired work.

Deputies will conceptually view amendments to the law in order to expand the duties of State Audit in order for the institutions to carry out enforcement of losses from individuals for breaches uncovered during audit. Members of the parliament will also view amendments to the Public Entertainment and Festivities Law so that organization of car sport, motorsport and water sport activities requires a special permit from municipal authorities.

The parliament’s Thursday meeting also includes the decision in regards to the collective initiative to reduce VAT for electricity and gas.

The parliament will also decide on the progress of multiple drafts submitted by the government and individual deputies, as confirmed by Saeima press-service.

Amendments submitted to for the Law on Declaration of Place of Residence state that it will be allowed to declare a residence electronically only in the Real Estate Property State Cadastral Information System.

In total, there are 28 matters up for discussion at the Saeima’s 10 March meeting.

Ref: 102.109.109.8963


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