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Content updated: 19-11-2015 15:51

The law postponing the term for submitting a draft law regulating a mechanism for compensating the people for losses incurred as a result of disproportionately reduced work remuneration ruled in compliance with the Constitution

19-11-2015

By its ruling adopted today, the Constitutional Court recognised that the law establishing a later term (not on 1 May 2014 but on 1 May 2015) when the Government should prepare and submit to the Seimas a draft law regulating a mechanism for compensating the people for losses incurred as a result of disproportionately reduced, during the economic crisis, work remuneration of persons remunerated for their work from the funds of either the state or municipal budgets, as well as provide for the amount of money required for compensation, was not in conflict with the Constitution.

The Constitutional Court noted that the submission of the draft law regulating a mechanism for compensating the people for losses incurred as a result of disproportionately reduced remuneration had been postponed upon an assessment of the existing economic and financial situation in the state, taking into account the fact that the national economy had not yet reached its pre-crisis level and that, due to the complicated geopolitical situation, Lithuania’s stable economic growth is threatened, taking into account the capabilities of the state first to compensate the people for the reduced state social insurance pensions and the state obligations to maintain fiscal discipline, as well as to fulfil Lithuania’s obligations related to its membership in the European Union, NATO and other international organisations.