Our View: Public sector pensions need overhaul without delay
Parliamentary spokesman of Akel Giorgos Loucaides wrote to the finance minister on Tuesday asking to know whether the government had any plans to submit a...
pensions
Union warns over impact of ageing population on pensions
Labour unions have warned that a major demographic shift due to ageing populations in the EU requires the restructuring of pensions. At a European conference...
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...
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...
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...
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...
Support schemes averted drastic rise in unemployment, Emilianidou says
The package launched by the government to support employees and businesses amid the coronavirus pandemic has averted a drastic rise in unemployment, Minister of Labour,...
April pensions payable from Thursday
Social insurance pensions and allowances will be paid from Thursday for April, the union of pensioners (Ekysy) announced on Wednesday. The payments for low-income retirees,...
House passes law incentivising early retirement in public sector
The House of Representatives passed a bill on Friday, giving incentives to public-sector employees to apply for early retirement without any reduction in their benefits,...
State primary teachers to meet on pension plan
State’s primary school teachers will discuss the pension plan on Saturday, teachers’ unions announced on Wednesday. The pension plan for all civil servants changed after...
