Twenty outgoing MPs to share €3m one-off tax-free payment
Twenty outgoing MPs will share an approximate €3m one-off tax-free payment, it emerged on Friday.
Former MPs who served one term will receive a one-off payment of €75,728 and are entitled ...
Akel call to abolish early pension penalty
Akel leader Andros Kyprianou on Sunday called for a new social policy, starting with the abolition of the 12 per cent deduction in pension imposed on those who retire at 63 instead ...
Union’s early pension demand a non-starter, minister says
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 ...
Workers seek end to pension penalty on early retirement
A new campaign is underway to press the government to scrap a 12 per cent ‘penalty’ on the pensions of those who retire at 63 and not 65.
This follows a meeting at ...