It is becoming clear what will be considered as important reasons for leaving pension savings

This is what the minister said while referring to the clarification submitted by the Constitutional Court (KT) in March that the ban on withdrawing from pension accumulation in the second stage violates the Constitution.

“We have already prepared the initial package from the Ministry of Social Security and Labor, that is, to have the possibility of having a one-time higher payment, up to 10 thousand. euros, as well as to extend the period during which it would be possible to opt out for people included in the accumulation, and our proposals would also discuss more flexible so-called holidays from the accumulation”, said M. Navickienė during the Government Hour.

According to her, in the second half of April, the ministry will submit proposals in which it plans to provide that important reasons for withdrawing from pension savings can be critical illness or severe disability that would affect either the saver or a member of his family, a minor child.

According to the minister, the proposal to stop pension accumulation if uninsured housing is destroyed is still under consideration.

“I would not rule out the possibility that a person could point to a circumstance that, in his opinion, is extremely difficult or makes accumulation pointless, which we may not have thought of,” the minister emphasized.

“I would be inclined to be as flexible as possible with regard to hoarders, but without denying the really great need to hoard,” added M. Navickienė

The ELTA news agency reminds that the Constitutional Court decided that the limited possibility to withdraw from pension accumulation funds in the Pension Accumulation Law violates the Constitution. At that time, according to the institution, different types of payments based on the amount of accumulated assets do not violate the main law.

KT notes that the right to funds accumulated in pension funds is related to the protection of his property rights, therefore the current regulation has no basis.

The Constitutional Court indicated that the reasonableness and appropriateness of determining the amount of assets accumulated in the pension fund and the amount of pension payments depending on them is not a matter of constitutional control, because there is no reason to claim that the values ​​enshrined in the Constitution, defended and protected, are obviously negated by such legal regulation.

39 opposition members of the Seimas submitted to the CT to examine the conformity of the Pension Accumulation Law with the Constitution. They questioned the constitutionality of the law, as it does not provide for any option to opt out of pension accumulation in pension funds. They also raised the question of the possibility of a pension fund participant for up to 12 months. suspending participation in pension accumulation, changing the pension accumulation company or pension accumulation fund, corresponds to the individual’s right to dispose of his property.

in 2023 in October, the Seimas did not approve the changes initiated by the Presidency in the pension accumulation system. The head of the country, Gitanas Nausėda, suggested that the Law on Pension Accumulation should provide for a pension accumulation participant’s right to receive a lump sum of no more than 25% once during the entire period of participation in the accumulation. payment of the amount of accumulated assets.

However, after the presentation, the parliament approved the proposal of the liberal J. Varkalis to provide an opportunity for both pension fund participants who have reached and those who have not reached retirement age to receive not only periodic payments, but also to withdraw 10.8 thousand from their accumulated assets once. euros.

The submitted project provides that both persons who have reached and those who have not reached retirement age, but who have accumulated more than 10.8 thousand has the right to receive a one-time (or periodic) payment of up to 10.8 thousand euros. euros.

However, the Seimas decided not to consider the project further until the decision of the CT was received.