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...
pensions
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...
Macron defies French unions over retirement age in pension reform
France’s government defied trade unions on Friday by including a contested clause on raising the retirement age by two years in its draft legislation, amid...
Minister warns against reinstating public sector pay cuts
Finance Minister Harris Georgiades said on Saturday the economy would seriously suffer if the supreme court issues a decision to restore civil service salaries immediately...
Widowers threaten legal action over pensions
A group representing widowers on Monday called on the government to relent on the issue of pensions and to respect the House vote on the...
Bill seeks to increase benefits and pensions
A bill seeking to raise the mobility benefit for workers or students with disabilities by 50 per cent was discussed on Tuesday at the House...
Cyprus to set up a single insurance and pensions supervisory authority
Cyprus will set up a new single independent insurance and pensions fund supervisory authority joining the separate authorities currently supervising the sectors, Finance Minister Harris...
Disy delegation visits elderly, pledges pension increase
Better days for the elderly will come through increases in pensions, a delegation from ruling Disy led by leader Averof Neophytou pledged during a visit...
Diko urges speedy decision on relief package for the vulnerable
Diko chairman Nicolas Papadopoulos said on Wednesday that measures designed to help vulnerable groups must be finalised before the state budget for 2019 goes to...
Labour ministry looking into boosting low pensions
The labour ministry is working to find a way to raise low pensions on the instructions of the president, Labour Minister Zeta Emilianidou said on...
1974 POWs say government has gone back on benefits pledge
Prisoners of war from 1974 have accused the government of rejecting every application for the honorary allowances promised earlier this year, claiming the pledge was...
President refers widowers’ pension bill to Supreme Court
President Nicos Anastasiades referred a law passed by parliament earlier in the month on widowers pensions to the Supreme Court on Friday, after the house...
House to decide on president’s veto to widower pension
By Stelios Orphanides The parliament is expected to decide on Friday whether to accept President Nicos Anastasiades’ referral of a law extending widower’s pension who deemed it...