employment special budget to the pension special budget; second, early termination of the agreements concluded with the State Treasury concerning the investment of the social insurance special budget in term deposit (see item “Money for pension disbursement will have to be taken from deposit”, National News Agency LETA, 11 December 2009). On this account, one can conclude that, presently, in order to eliminate the deficit in the social insurance pension special budget, a certain period of time is required either for revision of the agreement concluded with the State Treasury concerning the investment of the social insurance special budget in term deposit, or for proper revision of the division of State social insurance contribution rates by State social insurance types, or for finding some other solution. In view of the aforesaid and the circumstance that, in addition to current expenditures, more than ten million lats per month will still be needed for the restoration of full pension disbursement amounts, as well as the fact that pensions are calculated and disbursed for calendar months, the Constitutional Court maintained that the deductions from pensions made on the basis of the impugned legal provisions are terminable not later than from 1 March 2010. 35.3. Deciding about the timeframe for reimbursement of the part of pensions withheld from persons within the period from 1 July 2009 to 1 March 2010, one should take into account that the restriction for the disbursement of particular pensions prescribed by the Disbursement Law was planned for three and a half years – from 1 July 2009 to 31 December 2012. Moreover, the legislator has allowed for a possibility that the said restrictions may be revoked already before 31 December 2012. It has already been pointed out by this Judgment that the Disbursement Law had been adopted rather hastily, without considering either the proportionality of the reduction of pensions, or other aspects relating to the consequences of the impugned provisions. In accordance with the Constitution, the Saeima has not only rights but also duties to draft and adopt laws that settle important matters of State and public life. Similarly, the Constitution authorises the Saeima to decide on matters that affect the State budget. Establishment of the procedure for reimbursement of the pension deductions made in accordance with the impugned provisions can be deemed as both a sufficiently 72

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