The recent adjustments to the pension system include a notable increase of €8 per week, with a further raise to €15 in 2024, translating to an annual boost of €416.   The ongoing tax exemption for individuals aged 61 and above receiving pensions will maintain its gradual progression, reaching 80% in 2025 (up from 60% […]

The proposed policy changes aim to provide much-needed support to various vulnerable groups in our society. By offering social security credits to individuals completing drug rehabilitation programs and entering employment, not only will the Government be incentivizing positive behavior, but also promoting financial stability.   Additionally, the adjustment in pension for disabled individuals retiring from […]

During the Budget 2025 speech, Finance Minister Clyde Caruana has announced several key changes to social welfare benefits, including a significant increase in children’s allowance by €250 per child.   Additionally, the grant of €150 for individuals working atypical hours in specific sectors will be continued. Families with a third or subsequent child will see […]