Presentation of Pension Reform Bill and Expected Negotiations
August 18, 2026
Minister of Labor Marinos Mousiouttas will present the bill for pension reform, initiating negotiations with social partners. The government aims to implement the reform by January 1, 2027 and has outlined specific points, such as pension increases and the reduction of the 12% penalty. All retirees are expected to see increases ranging from 5% to 55%. However, there are concerns about proposals regarding poverty and the differing positions of social partners.