Latvian pensions law referendum, 2008
- Latvian pensions law referendum, 2008
A referendum on a new pensions law was held in Latvia on 23 August 2008. [http://www.iii.co.uk/news/?type=afxnews&articleid=6817152&subject=general&action=article] It failed due to low turnout, as 453,730 votes (more than half of all eligible votes) would have been necessary to make it valid. [http://www.earthtimes.org/articles/show/227677,latvian-populist-referendum-on-pensions-fails-to-gain-quorum.html] If it had succeeded, pensions would have been tied to the government-set subsistence level, in effect tripling the minimum pension from 50 lati to at least 135 lati. The referendum was strongly supported by an organisation called Society for Different Politics, which aimed to become a political party. [http://news.trendaz.com/index.shtml?show=news&newsid=1276862&lang=EN]
Results
References
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