National Strategy for Overcoming Consequences of Ageing Population

Nacionalinė gyventojų senėjimo pasekmių įveikimo strategija

The "National Strategy for Overcoming Consequences of Ageing Population" was approved by the Lithuanian Government in 2004, consolidated the aim to apply the principles of active ageing and to create such conditions as to make it possible for older persons to have full-fledged personal, professional and cultural life now and in the future, to have their experience appreciated and used, and to have them respected and sure about the future. It is implemented by the Ministry of Social Security and Labor, along with other key ministries and local governments. It targets the entire ageing population of Lithuania, particularly those over 60 years old, and aims to improve their quality of life and ensure their active participation in society. Key measures include a new pension accumulation system that allows individuals to save part of their social insurance contributions in private pension funds, adding financial security for retirement. This, along with state and social assistance pensions, forms Lithuania's three-tier pension system. The strategy emphasizes the necessity of expanding care services, particularly home care, community services, and geriatric care facilities. It also provides social assistance for low-income retirees, including housing subsidies and compensation for basic services such as heating and water.