‘Biggest Pension Reform Since 1980’ Presented to Stakeholders

‘Biggest pension reform since 1980’ presented to stakeholders

The government’s plans to reform the pension system were on Wednesday presented to trade unions and other stakeholders, with President Nikos Christodoulides hailing the plans as “the largest and most substantial reform to the pension system carried out since 1980”. He said that the government “aims for more justice, adequacy, and security for every generation” […]

Christodoulides calls pension reform the biggest since 1980

President Nikos Christodoulides has described the pension reform framework presented to social partners on Wednesday as the biggest and most substantive reform of the pension system since 1980. In a message, the President said the proposed reform aims to strengthen fairness, adequacy and security for every generation, resting on two “non-negotiable principles”: more dignified pensions today and a sustainable Social Insurance Fund for the future.…