Proposal for a Unified Pension Scheme for Officials
June 14, 2025
The proposal by AKEL for a unified pension scheme for public officials is set to be presented to the Parliament. This plan includes calculations of pension benefits based on pensionable salaries and service duration. The new regulation, if approved, will take effect in 2026 and will not affect current officials expecting full pensions. The design acknowledges legal commitments regarding the existing rights of officials.