The New Legislation Will Unblock And Increase The Pensions - Online Magazine Cyprus Inform
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17 Jan 2017
The new legislation will unblock and increase the pensions


The new legislation, presented by the government, will help to correct the changes made in 2012, then the measures of strict economy were adopted.

It is planned to slightly increase the pensions, which were blocked for 4 years. According to the upcoming law, 162,000 individuals will get and additional amount of 3-4 Euros per month.

The Director of the Social Insurance fund Mr. Theophanis Trifonos said that the request to speed up the implementation of the legislation was already made, so the increase in pensions is expected already this month.