
Cyprus to Phase In Pension Increases Over Five-Year Reform Plan
Labour Minister Marinos Mousiouttas announced that 60% of planned pension hikes will be rolled out within the first two years as part of a broader government pension reform strategy.
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Labour Minister Marinos Mousiouttas announced that 60% of planned pension hikes will be rolled out within the first two years as part of a broader government pension reform strategy.

Cyprus Labour Minister Marinos Mousiouttas has assured that planned pension reforms will not result in pension reductions, with all pensioners expected to receive an increase.

The number of inspectors responsible for tackling undeclared and illegal work will be doubled following cabinet approval, Labour Minister Marinos Mousiouttas affirmed on Friday.

Cyprus Labour Minister Marinos Mousiouttas has dismissed proposals for a 125% increase in minimum pensions, emphasizing that any adjustments must align with the sustainability of the Social Insurance Fund and fiscal stability.

Labour Minister Marinos Mousiouttas is due to present the government’s support plan for the hotel industry on Friday morning, as authorities move to cushion the sector from the economic fallout of…

Labour Minister Marinos Mousiouttas announced that the government is against the idea of cutting pensions, even for the highest earners, following a meeting with government officials and trade union leaders.

Cyprus Labour Minister Marinos Mousiouttas announced that all 123,000 pensioners in the Republic of Cyprus will receive an increase in their payments as a result of the government's planned pension reforms.

Cyprus's Labour Minister Marinos Mousiouttas announced the doubling of inspectors at the labour and social insurance ministry to crack down on illegal or undeclared work, a move that critics fear could exacerbate existing labour shortages.

The House of Elders in Cyprus discussed pension reform with Labour Minister Marinos Mousiouttas, focusing on increasing the lowest pensions and reducing cuts for early retirement.

Cyprus's Labour Minister Marinos Mousiouttas announced that undeclared work has decreased by 10 percent over the past decade, reaching five percent in 2026, though it remains a complex challenge.

Cyprus has made youth employment a priority under a new labour market strategy for 2026 – 2028, Labour Minister Marinos Mousiouttas said, while acknowledging that joblessness among under-25s remains…

Cyprus Labour Minister Marinos Mousiouttas declared that Cyprus is not a 'slave market' and promised inspections into allegations of hotels using temporary agency workers to circumvent employment protections.

Labour Minister Marinos Mousiouttas announced that pension reforms are on track, with pensioners expected to receive higher payments starting February 1, 2027.

The Cypriot government plans to submit its long-awaited pension reform bill to the House of Representatives by September 20. This will proceed regardless of whether an agreement is reached with social partners, according to Labour and Social Insurance Minister Marinos Mousiouttas.

Labour Minister Marinos Mousiouttas stated that the government's planned reforms to the pension system are being developed “precisely in the spirit” of May Day, emphasizing its importance for everyone.

Cyprus's Labour Minister Marinos Mousiouttas revealed that half of all companies in the country are not paying the mandatory employers' liability insurance.