Tag: Cyprus pensions

How pension increases will affect recipients

Cyprus’ proposed pension reform provides for higher payments for all 123,000 pensioners, with the size of the increase depending on income, years of contributions...

Reform: 50% increase in low pensions and cut to 12% penalty

Cyprus’ pension reform includes increases of up to 50% in the minimum pension, alongside a reduction in the 12% actuarial penalty for retirement at...

Cyprus unveils biggest pension reform since 1980

President Nikos Christodoulides has presented what he described as the country’s biggest and most substantial pension reform since 1980, placing higher pensions, support for...

Cyprus pension increase of 1.46% expected in July

A 1.46% pensions increase is expected to be granted from 1 July, according to calculations by the Union of Cypriot Pensioners (EKYSY), based on...

Pension increase of up to 50% for low-income pensioners

Low-income pensioners in Cyprus could see increases of up to 50% under the planned pensions reform, according to Labour Minister Marinos Moushiouttas. Speaking on Omega...

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