Cola Increase 2024 Malta

Cola Increase 2024 Malta. #maltadaily increase for pensioners at €780 per year Each year, an increase in the weekly salary of all employees is announced during the budget, referred to as the cost of living adjustment (cola) mechanism.


Cola Increase 2024 Malta

The expenditure on pensions will be rising by €100 million a year as a result, given that pensioners receive the cola in full. Student stipends will also be adjusted to align with this increase.

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