Low-income pensioners could see 50% increase, minister says

Low-income pensioners could see their pensions rise by as much as 50% under the government’s pension reform, Labour Minister Marinos Moushouttas has said.

Speaking on Omega, Moushouttas said increases would also apply to those retiring at 63, and set out how the reform would affect recipients of the so-called “small cheque,” the supplementary state support paid through the Deputy Ministry of Social Welfare. He cautioned that every pensioner’s case is different and that the changes should not...