Pensioners to see higher incomes in early 2027

Pension reforms are progressing as planned, with pensioners expected to see higher payments from February 1, 2027, Labour Minister Marinos Mousiouttas said on Friday.

The minister said the bill covering the first pillar of the pension system, relating to the social insurance fund, will be presented to the social partners “very soon”. After receiving their feedback and cabinet approval, it is expected to be submitted to parliament when MPs return from their summer recess in September, with...