#pension reform

The fiscal cost of the planned overhaul of the pension system will tally at “considerably more” than €50 million a year, Labour Minister Marinos Mousiouttas said on Thursday, while insisting that ...

Pension reforms aimed to come into effect on January 1, 2027, should include safety valves to ride out crises, Finance Minister Makis Keravnos said on Monday, following a labour advisory body meeting, ...

Discussions on pension reform will continue on Monday at the Labour Advisory Board, with the participation of Labour Minister Marinos Mousiouttas and Finance Minister Makis Keravnos. The meeting is due ...

The social security “reform”, proposed by the Christodoulides government is inadequate, unfair and unsustainable. This is mainly because the scope for bringing many vulnerable persons out of the risk of ...

The 12 per cent pension reduction imposed on people who retire at 63 dominated discussions at the Labour Advisory Board on Thursday as negotiations over the government’s pension reform continued. The ...

Government spokesman Konstantinos Letymbiotis said on Thursday that talks on pension reform were “in full swing”, stressing that implementation remained on track for 2027. “Today, discussions at the Labour Advisory Board ...

The government’s pension reform must deliver sustainable and adequate pensions without increasing contributions or the retirement age, Disy president Annita Demetriou said on Thursday after meeting Labour Minister Marinos ...

Main opposition party Disy and the Chamber of Commerce (Keve) on Tuesday called on the government to clear up ambiguities in its pension reform plan, while a left-leaning trade union ...

The main group representing the interests of businesses set out on Monday their concerns over the government’s planned pension reform, while talks continued among stakeholders on its details. A ...

Trade unions on Friday warned that the government’s planned reform to the pension system may leave some pensioners below the poverty line, following a four-and-a-half-hour meeting of the government, ...

All pensioners will receive increases under the government’s planned pension reform, with those on lower pensions set to benefit the most, Labour Minister Marinos Mousiouttas said on Sunday. In ...

The triumphal way the government presented its proposals for pension reform on Wednesday should worry everyone. One of the most serious issues facing our society was treated as part of ...

The additional €50 million per year which the government’s planned pension reform will cost the taxpayer for the first five years after the reform’s implementation falls “within the framework ...

Every single one of the Republic of Cyprus’ 123,000 pensioners will receive an increase in the amount paid to them as a result of the government’s planned pension reforms, Labour ...

The government’s plans to reform the pension system were on Wednesday presented to trade unions and other stakeholders, with President Nikos Christodoulides hailing the plans as “the largest and ...

The new pension reform is expected to be at the centre of a meeting of the Labour Advisory Board with Labour Minister Marinos Mousiouttas on Wednesday morning. “The goal is, ...

The new parliament that emerged from May’s elections has a demanding legislative agenda ahead of it when the session reopens at the beginning of September, with important bills and ...

There will be no reductions in pensions under the planned pension reform, and all pensioners will receive an increase, Labour Minister Marinos Mousiouttas assured on Tuesday, as the government works ...

A major trade union on Tuesday poured cold water on the idea that pension reform legislation could be tabled to parliament in September, also expressing concerns over the government’s ...

The government’s pension reform bill will be sent to trade unions and employers’ organisations in the coming days after President Nikos Christodoulides met Labour Minister Marinos Mousiouttas and Finance ...

The bill to reform Cyprus’ pension system is to enter its final drafting stage next week after Labour Minister Marinos Mousiouttas meets Finance Minister Makis Keravnos next Wednesday to settle ...

Disy on Saturday insisted that the deal it struck with social media influencer Fidias Panayiotou and his political party, Direct Democracy Cyprus, which saw him and his party support Disy ...

The government’s planned reforms to the pension system are being drawn up “precisely in the spirit” of May Day, Labour Minister Marinos Mousiouttas said at an event held to ...

The government on Monday held talks with stakeholders on the ‘second pillar’ of pension reform, which the administration is keen to roll out by next year. Labour Minister Marinos Moushiouttas ...