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Sunday 23.02.2020 | Name days: Haralds, Almants
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Prime minister candidates pledge 250-300 lats pensions in five years

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Prime ministers nominated by politic parties running in the 11th Saeima elections estimate that the average pension could hit 250-300 lats in five years, they told in a debate organized by TV3.

Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUUnity’s prime minister candidate Valdis Dombrovskis estimates that the average pension will total 450 euro (slightly over LVL 300). He points out that they care for the pension system being sustainable also after 5 and 15 years.

“One can always wish for more. Also for the current minimum pension being more than just 185 lats.”

Edmunds Sprudzs, Zatlers Reform Party’s candidate, ties the average pension to the average salary.

Prime minister candidate named by the national association All of Latvia!-TB/LNNK – Gaidis Berzins believes the average pension will total 350-400 euro (LVL 246-281). The association proposes that pensions should depend not only on the person himself/herself but also taxes paid by their children. They add that it would boost the demographic situation as well.

Harmony Center prime minister candidate Nils Ushakov forecasts the average pension will hit 250-300 lats. He disagrees with the national association’s idea that the pension should depend on the number of children, because it would be difficult to asses why that particular family does not have any children at all.

According to Aivars Lembergs, nominated by the Greens and Farmers Union, the average pension will stand at 230-260 lats, adding that his own pension will be bigger than that. He also pointed out that he cares more for the average pension exactly in Ventspils.

The Welfare Ministry’s data shows the average pension in Latvia accounts for 184 lats and 69 santims.

Neither of the candidates agrees to Roberts Ķīlis, head of Latvia’s Commission of Strategic Analysis, statement that the pension system will collapse in five years and pensions will be replaced by poverty benefits.


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  1. Angry says:

    Great optimistic pledges.

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