Lithuania's 2027 budget: what it means for Lithuanians living in the UK

Wages and pensions

The Finance Ministry says the monthly minimum wage (MMA) is to rise by 8%, from 1,153 to 1,245 euros, meaning 55.66 euros more in take-home pay for minimum wage earners.

According to the ministry, the average old-age pension is set to rise by 10.4%, from 747 to 825 euros, and from 807 to 895 euros for those with the required contribution record. This would affect 659,000 people. An extra 715.5 million euros is allocated to old-age pensions and 142 million euros to indexing social benefits.

Families, defence and the deficit

A Family Package accompanies the budget. The ministry earmarks 61.35 million euros for childcare and employment guarantees, 40 million for help buying a home, 25 million for higher pension guarantees for parents and 23.65 million for a school starter allowance. LRT reports that child benefit is expected to rise from 129.5 to 136.5 euros a month.

According to the ministry, defence would get 4.8 billion euros, or 5% of GDP. Revenue is planned at 22.2 billion euros and spending at 27.9 billion. The general government deficit is expected to be 3.8% of GDP and debt 48.2%.

LRT and BNS report that the National Audit Office has warned the deficit could approach 6% of GDP by 2029 and that the draft breaks national and EU fiscal rules. It recommends revising or justifying the draft.

What happens next in the Seimas

According to LRT and BNS, the Seimas must debate the draft in plenary by 25 November. They do not give a date for the final vote.

LRT reports that the Farmers and Greens Union (LVŽS) links its support for the budget to an advisory referendum on the constitutional definition of family. The draft resolution was approved in April but has stalled in committee. The referendum would be held alongside the municipal elections, which LRT reports are on 7 March 2027. President Gitanas Nausėda has called for it to go ahead. The referendum has not been called, so it is not yet known how Lithuanians abroad could vote in it.

Health insurance

Some emigrants pay compulsory health insurance (PSD) contributions themselves to keep cover in Lithuania. We could not find an official 2027 figure for people who pay PSD themselves, so check the information published by Sodra before paying. For comparison, LRT reports that the 2026 monthly PSD contribution for people in individual activity (self-employed) is 80.48 euros. That figure is for a different group and may not apply to people who are not working.

Worth knowing

• This is a draft. The Seimas has not adopted it and figures may change.
• The average old-age pension is expected to rise by 10.4%, to 825 euros.
• For those returning to work: the proposed minimum wage is 1,245 euros.
• Check the 2027 PSD amount with Sodra.
• The procedure for voting abroad in the referendum has not been announced.

Based on: Finance Ministry, “Seime pateiktas 2027-2029 m. valstybės biudžeto projektas” (20 October 2026); LRT/BNS, “Seimo komitetai tęs kitų metų biudžeto projekto svarstymą” (4 November 2026); LRT, “Vyriausybė pritarė 2027 m. valstybės biudžetui: kiek kitąmet augtų pensijos ir algos?” (16 October 2026); LRT, “Referendumo dėl šeimos klausimas” (6 November 2026); LRT English/BNS, “President Nausėda backs referendum on constitutional definition of family” (6 November 2026); LRT English/BNS, “Auditor warns Lithuania's deficit could approach 6% of GDP by 2029” (6 November 2026); LRT, “VRK: savivaldos rinkimams jau užsiregistravo 84 savarankiški politinės kampanijos dalyviai” (19 October 2026); LRT, article on the impact of the minimum wage on residents (5 November 2026).

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