2024-08-02 21:17:24
“This has been happening for several years now, and it is difficult to reach an agreement and the Government has to make the final decision. Of course, you always want the side of the employees to be taken into account. Because it’s true that those people who live on the minimum wage or receive only a slightly higher wage face the biggest challenges”, S. Skvernelis explained to “Žinių radio” on Friday.
ELTA reminds that SADM offers the Government a 2025 apply EUR 1038 MMA. If this decision is adopted, the MMA would increase by 114 euros, or 12 percent, and the minimum hourly wage would increase to 6.35 euros, now it is 5.65 euros.
Currently, MMA is 924 euros and accounts for 43 percent. of the average gross salary and from 2021, when it reached 642 euros, it has already risen by 44%. This is one of the fastest growing MMAs among OECD countries.
The tripartite council agreed on the increase of the MMA, but did not take a single decision on the size of the MMA for 2025, as different opinions were presented on this issue: the representatives of the workers proposed raising the MMA according to the agreed formula, ie 15.8 percent. or up to 1,070 euros, the representatives of the employers approved the proposal of the Bank of Lithuania to gradually increase the MMA, to raise the MMA by 10% from 2025. or up to 1016 euros.
The MMA is approved by the Government after receiving the recommendation of the Tripartite Council and taking into account the indicators and trends of the country’s economic development.
in 2024 The MMA rose to 924 euros before tax, and the tax-free amount of income (NPD) rose to 747 euros.
2024-08-02 21:17:24