On 30 January, President Edgars Rinkēvičs met with the Minister of Welfare, Reinis Uzulnieks, at the Riga Castle. During the meeting, the parties discussed demographic policy issues, work on improving the regulation of seasonal labour, and current matters concerning the pension system. The President emphasised the need for the government to plan ahead for the state budget resources in order to restore contributions to the second pillar of the pension system to their previous level in 2029. At…
On 30 January, President Edgars Rinkēvičs met with the Minister of Welfare, Reinis Uzulnieks, at the Riga Castle. During the meeting, the parties discussed demographic policy issues, work on improving the regulation of seasonal labour, and current matters concerning the pension system. The President emphasised the need for the government to plan ahead for the state budget resources in order to restore contributions to the second pillar of the pension system to their previous level in 2029. At the same time, President Rinkēvičs underlined the importance of raising public awareness of how the pension system operates and encouraging a responsible approach to managing one’s pension capital.