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Economy · Cyprus
New contributors to Social Insurance Fund identified and how they will be registered
2 sourcesFirst reported 15 days agoUpdated 14 days ago
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What all sources covered
- A new category of contributors, referred to as "income earners" ("εισοδηματίες"), is set to be introduced to the Social Insurance Fund in Cyprus. This reform aims to include specific groups in the social insurance scheme, as outlined by the Ministry of Labor. While the retirement age and contribution amounts remain unchanged, the reform will also lead to increased pensions and extended paternal leave. The Ministry of Labor is currently developing mechanisms to identify these new contributors. The announcement was made in a statement to the House of Representatives by Minister Marinos Musiouttas.
2 sources
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PhilenewsFirst
Alpha News+9h
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