Early pension penalty slashed for some

The government plans to drastically reduce or waive a 12% penalty on early pensions if the retiree has contributed at least 40 years of work and contributions at 63, up from the

President not trying to deceive in pension row

President Nikos Christodoulides is not hiding anything, said government spokesperson Constantinos Letymbiotis on Friday, after criticism over the controversial issue of multiple pensions for state officials. Earlier in the week, President Christodoulides

Express pension payments on retirement

Employees retiring will no longer have to wait almost half a year before they receive their first pension from state coffers, declared the Labour Ministry on Tuesday. The ministry announced that the