The statutory pension contribution is 8.72% and will be withheld from an employee’s salary each month as part of the social security contributions. In addition to the statutory amount, employees can participate in an optional pension accumulation plan. This will additionally be withheld from an employee’s monthly salary based on the rate they select:
To access the old-age pension in Lithuania, employees must have contributed consistently for at least 15 years and be 64 years old (male) and 63 years old (female). Lithuania plans to push the retirement age up to 65 years for men and women by 2026.
The employer has to pay 62.06% to 100% of the employee’s normal wages for the first two days of any illness. From the third day onwards, the social insurance fund (SODRA) pays the employee’s wages at 62.06% at no cost to the employer.
Maternity & paternity
To be entitled for maternity leave, employees must have a maternity social insurance contribution record of at least 12 months in the 24 months prior to taking maternity leave. A total of 126 days can be taken as maternity leave.
Maternity leave pay is usually paid at a rate of 77.58% of the employee’s average monthly earnings of the previous 12 months but cannot be less than €228 per month. The full amount for the 126 days of maternity leave must be paid as one lump sum at the commencement of the leave period.
Fathers are entitled to up to four weeks of paid paternity leave.
Paternity leave pay is calculated the same as maternity leave pay and is paid at a rate of 77.58% of the employee’s average monthly earnings of the previous 12 months but, again, cannot be less than €228 per month.
Parental (childcare) leave
As chosen by the family, the mother (adoptive mother), father (adoptive father), grandmother, grandfather or other relatives actually raising the child, or an employee designated as a child’s guardian, are granted parental (childcare) leave until the child reaches the age of three years. The leave may be taken all at once or in instalments. Employees entitled to this leave may take it alternately.
Employees are entitled to up to 12 months of creative leave to pursue creative or scientific endeavours.