Postponement of Pension Reform Bill Submission for Further Consultations
June 23, 2026
The deadline for submitting the pension reform bill has been postponed from July to September to allow more time for consultations with social partners. Minister of Labor, Marinos Musiouttas, stated that the bill will be provided to partners for review. Specific parameters, such as no increase in contributions and the retirement age, will remain unchanged. Social partners welcomed the decision and emphasized the need for cooperation. Key discussion topics will include the 12% penalty and the required contributions.