Expenditure on Social Security Benefits totalled €1.076.9 million in 2020, an increase of 7.9 percent from the previous year. Figures by the National Statistics Office showed a consistent rise year-on-year from 2011, driven by both Contributory and Non-Contributory benefits.
Contributory benefits amounted to €878.3 million in 2020, up by €63.4 million from 2019. Old age retirement benefits made just over three-fourths of these benefits, totalling €598.2 million. The expenditure on Covid-19 benefits, addressing individuals employed in the private sector, reached €14.5 million.
Non-Contributory benefits increased by 6.2 percent in 2020, to a total of €198.6 million. Family and children’s allowance constituted a third of the share, the biggest single category of non-contributory benefits. Old age pensions amounted to €36.2 million or slightly over a fifth of this benefits expenditure while disability allowances totalled €29.1 million, equivalent to 18 percent.
The European Commission is monitoring the suspected outbreak of pneumonic plague in Siberia, Russia, "very closely" and stands ready to coordinate a response among member states if neces...
Appliance maker Electrolux presented a scaled-down restructuring plan for its Italian operations on Monday, cutting the number of planned job losses and relying on voluntary exits, union...
Morning Briefing
MUT calls for quality-focused tertiary education
The Malta Union of Teachers has called for a shift in tertiary education away from measuring success by the number...
Morning Briefing
Labour ‘cannot pretend it heard nothing’ from Fenech trial - PL President
Labour Party president Alex Sciberras has said the party cannot pretend it “heard nothing...
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
Appliance maker Electrolux presented a scaled-down restructuring plan for its Italian operations on Monday, cutting the number of planned job losses and relying on voluntary exits, union...
Electric vehicle sales in the European Union reached record levels in 2026, driven by a wave of more affordable models as carmakers work to meet EU emissions targets, according to a new ...
Artificial intelligence has already transformed industries such as finance and education, but one of its most important tests may come in medicine: discovering new drugs.
Pharmaceutic...
Malta’s new pay transparency regulations, which came into effect on the 5th of June, aim to strengthen fairness and equality in the workplace, but employers are warning that the rushed i...
The Malta Institute of Accountants held its 62nd Annual General Meeting on 24th September 2026 at Villa Arrigo, during which seven of its members were elected to its Council.
The elec...
The Malta Institute of Accountants held its 62nd Annual General Meeting on 24th September 2026 at Villa Arrigo, during which seven of its members were elected to its Council.
The elec...
Fears of renewed escalation gripped the Middle East on Wednesday after the United States and Iran exchanged their biggest barrage since July, with Washington striking Iran's southern co...
President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening ship...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
Poland's Prime Minister Donald Tusk said he expected Moscow to escalate the war in "in the coming weeks", following Russian strikes that hit a Warsaw-bound train in Ukraine, just two kil...
The departure from Moldova of a plane carrying Ukrainian President Volodymyr Zelenskiy to Norway was delayed when authorities closed the country's airspace over a drone alert, a Moldov...
