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[POLITICS] · Lithuania · 2 sources

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Lithuania updates old-age pension allocation rules

Changes to the Social Insurance Pension Law in Lithuania have introduced a new procedure for old-age pension allocation. As of September 1, 2026, individuals who apply for their pension more than 12 months after becoming eligible will have their delay treated automatically.

Under the new regulations, for every full 12-month period of delay, the pension amount will increase by 8 percent, up to a maximum increase of 40 percent. This maximum increase is capped at 60 months of delay. Previously, individuals had to submit a proactive request to Sodra to delay their pension to secure higher future payments; this advance request is no longer required.

To qualify for an old-age pension, individuals must reach the statutory retirement age and possess a minimum of 15 years of social insurance seniority. While the delay mechanism has changed, the ability to receive retroactive pension payments remains: pensions can be assigned and paid for up to 12 months prior to the date the application is submitted.

Entities

Sodra