2008 Latvian pensions law referendum

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2008 Latvian pensions law referendum
Flag of Latvia.svg
23 August 2008

Are you in favor of the legislative project to amend the National Pensions Act?
OutcomeProposal failed due to low voter turnout
Results
Choice
Votes %
Check-71-128-204-brightblue.svgYes333,79996.38%
Light brown x.svgNo12,5243.62%
Valid votes346,32399.75%
Invalid or blank votes8590.25%
Total votes347,182100.00%
Registered voters/turnout1,516,09722.9%

A referendum on amendments in the pensions law was held in Latvia on 23 August 2008. [1] It failed due to low turnout, as 453,730 votes (half of the votes cast in the previous parliamentary election) would have been necessary to make it valid. [2] If it had succeeded, minimum pensions would have been tied (until the end of 2009) to the government-set subsistence benefit level with a higher coefficient than earlier, 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. [3]

Contents

Results

Latvian pensions law referendum, 2008
ChoiceVotes %
Light brown x.svg No12,5243.61
Yes333,79996.15
Invalid or blank votes7940.23
Total votes346,323100.00
Turnout required50.00
Registered voters/turnout1,516,09738.16
Source: CVK, C2D

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References

  1. "Interactive investor – the UK's number one flat-fee investment platform".
  2. "Earth Times: Show/227677,latvian-populist-referendum-on-pensions-fails-to-gain-quorum.HTML". Archived from the original on 2012-12-11. Retrieved 2008-08-24.
  3. http://news.trendaz.com/index.shtml?show=news&newsid=1276862&lang=EN%5B%5D