Cypriot Unions Demand Abolition of Early Retirement Pension Penalty

Public sector unions in Cyprus are campaigning to eliminate a 12% pension reduction imposed on workers who are mandated to retire before age 63, arguing the penalty unfairly punishes involuntary early exits.

27 Aug, 05:59 — 27 Aug, 05:59

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in-cyprus6d ago

Unions demand end to 12% penalty for forced early retirees

Public sector unions are demanding the full abolition of a 12% pension penalty for workers forced to retire before the age of 63. They argue they do not choose early retirement but are required to take it, and that the penalty was the most significant of six issues raised yesterday by state sector organisations at […]

By Angelos Angelodimou

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Cypriot Unions Demand Abolition of Early Retirement Pension Penalty

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Unions demand end to 12% penalty for forced early retirees

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