The rise in Social Insurance coverage Fund pensions in January 2025 is the biggest within the final thirty years and is a constructive improvement for nearly 160 thousand pensioners, Labor Minister Yiannis Panagiotou identified.
Commenting on AKEL's announcement, Mr. Panagiotou factors out that the rise of the fundamental a part of pensions by 5.94% is a crucial step in the correct path.
Nevertheless, he added, AKEL claims that supposedly the rise in pensions is self-evident whatever the Authorities, because of the 1980 Laws.
He additionally mentions that though the identical legal guidelines had been in drive throughout the interval of AKEL's rule, pensions then didn’t improve as they do at the moment, however had been frozen, whereas it took a few years to revive the injury suffered by pensioners.
Supply: RIK Radio, KYPE
PHIL/HS
