Tag: pension

Social security benefits outlay was up by 3% (€15m) to €512m during the first six months of 2019, compared to 2018. A €15.2m rise in contributory benefits spending was the catalyst for the increase, partially offset by a €0.2m drop in non-contributory expenditure.

Malta’s pension entitlements amounted to €25.1b by the end of 2016, equivalent to 242.3% of Gross Domestic Product, National Statistics Office figures show.