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CYP-1995-L-40626
Breadcrumb
Title_of_text
Act No. 25(I) of 17 March 1995 on the Social retirement benefit Act and other relevant matters.
Main Region
First Region
Country(ies)
Cyprus
Subjects (Classification)
Old-age, invalidity and survivors benefit
Adopted on (Date of text)
1995-03-17
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
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
Amending text(s)
1996-04-19 (CYP-1996-L-44327)
Act No. 56(I) of 19 April 1996 to amend the Social Retirement Benefit Act No. 25(I) of 1995.
Amending text(s)
2012-12-21 (CYP-2012-L-100080)
Law N° 178(I) of 2012 amending the Law on Social Retirement Benefit.
Serial region
Serial title
Epissimos Ephimerida tis Dimocratias
Date
1995-03-17
Number
No. 2962
Page range
pp. 648-653