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Act No. 25(I) of 17 March 1995 on the Social retirement benefit Act and other relevant matters.

Main Region

First Region

Cyprus
Old-age, invalidity and survivors benefit
1995-03-17
National
Law, Act

Second Region

Provides for the requirements allowing to a social pension: age of 68 years old completed; legal residence in Cyprus (20 years completed after applicant's 40th birthday or 35 years after 18th birthday); no right for any other pension or any other similar revenue from any source. Monthly payment of the social pension amounts to 70 percent of the basic pension for old age without dependants. In December, an increase of 1/12 of the total amount for the completed year is paied up to the beneficiary. Prior condition is the beneficiary's application in the 3 months starting from the right's acquisition date.

Amending Text region

Serial region

    Serial title
    Epissimos Ephimerida tis Dimocratias
    Date
    1995-03-17
    Number
    No. 2962
    Page range
    pp. 648-653