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Economy · Cyprus
Pension reform: Examples of how pensions will increase, with potential rises of 50%.
2 sourcesFirst reported 19 days agoUpdated 18 days ago
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What all sources covered
- The Minister of Labor, Marinos Musiouttas, provided examples of how pensions will increase under the recent pension reform during a presentation.
- Significant pension increases of up to 50% are expected for certain groups, along with adjustments to early retirement penalties.
- The reform includes the introduction of a mechanism referred to as the "small allowance" for some retirees.
- Further clarifications were given on the application of the pension reform and its expected impact on existing pensioners.
- The changes aim to create a more equitable pension system, targeting greater assistance for specific demographics within the population.
2 sources
Who reported first
Omega TV (Omegalive)First
Dialogos+2d
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