#pension reform

Cyprus is expected to increase state revenue by requiring company owners, directors and shareholders who draw dividends alongside low declared salaries to pay social insurance contributions on part of those ...

The amended bill on pension reforms is expected to be delivered to the social partners on Friday, with Labour Minister Marinos Mousiouttas hoping that the government will be able to ...

Three amendments to the bill on pension reforms were announced on Monday, following a meeting of the labour advisory body, which Labour Minister Marinos Mousiouttas said was “a step forward”. ...

Diko and trade union SEK found common ground on Friday in discussions on mandatory provident funds and other main aspects of pension reforms, with Diko president Nicholas Papadopoulos saying the ...

Labour Minister Marinos Mousiouttas on Thursday struck a buoyant note over ongoing talks on pension reform, but trade unions reiterated that their key concerns have not been allayed. The minister ...

Changes to the bill concerning the ‘first pillar’ of pension reform may be made after the legislation has been tabled to parliament, the labour minister said on Monday. Marinos Mousiouttas ...

Discussions on the second pillar of the pension reform will begin at technical committee level on October 6, Labour Minister Marinos Mousiouttas said on Monday, with meetings to be held weekly ...

The government’s planned reforms to the pension system will ensure that it remains viable for “40 or 50 years”, Labour Minister Marinos Mousiouttas said on Wednesday, as he addressed members of ...

Reform of the pension system will cost the state more than €800 million overall over a six-year period, the labour minister said on Monday as the government continued talks with employers ...

The pension reform bill is to be submitted to the House by the end of month, Labour Minister Marinos Mousiouttas assured on Monday. Addressing the labour advisory board, Mousiouttas affirmed “...

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 ...