Announcement on Pension Increases and Reforms
July 8, 2026
Labor Minister Marinos Musiouttas recently provided details about pension increases, focusing on minimum pensions that will rise. Specifically, workers with 45 years of service will see increases of up to 50%. While the increases will affect everyone, the differences will depend on years of service and individual circumstances. Discussions continue regarding the second pillar, with an aim to finalize legislation by September. This reform is significant for strengthening the pension system further.