#early retirement

The government said on Tuesday it has no intention of scrapping the so-called ‘penalty’ on pensions imposed on those retiring early at age 63, provoking a tussle in parliament between the ...

The labour advisory board proposed on Monday a reduction of the 12 per cent drop in pension payments for those who retire before the age of 65 if they have completed 40 years ...

Public rejections of a government proposal for those retiring before the age of 65 serve no purpose, as dialogue is still ongoing, Labour Minister Yiannis Panayiotou said on Saturday. The minister ...

Around 25 per cent of pensioners who retired at 63 look set to benefit from a government proposal to slash the 12 per cent penalty imposed on early retirement for those who contributed ...

A plan for a 12 per cent early retirement adjustment will be presented next week, Minister of Labour Yiannis Panayiotou said on Friday after a meeting with the Labour Council. The ...

The government’s goal is to bring the social insurance system into the 21st century, Labour Minister Yiannis Panayiotou said on Tuesday. In an interview with the Cyprus News Agency (...

Opposition MPs said Tuesday they will drop legislative proposals aiming to scrap a so-called ‘penalty’ on early retirement because the bills would inevitably be deemed unconstitutional and never pass anyway. ...

A rally took place on Saturday in Nicosia by members of trade unions and other organisations in favour of scrapping the 12 per cent penalty imposed on people who retire early ...

The government on Friday rejected a suggestion by Akel-affiliated trade union PEO to remove a 12 per cent penalty from pensions of people who retire early, saying it would render the ...