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SEC clarifications on the 12% penalty ahead of the meeting with Panagiotou

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<p data-block-key=SEK clarifies its positions regarding the restoration of the actuarial reduction for those who have served since the age of 63 ahead of the meeting next Friday in the Ministry of Labour.

In today's announcement, the SEC states that evaluating the data linked to the overall management of the actuarial adjustment of 12%, in function by setting a meeting next Friday, July 12 at the Ministry of Labour, as well as by public statements, on the specific issue, of the competent Minister, it clarifies three points.

The first is that the settlement should link the actuarial study with the political approach of rehabilitation for all affected pensioners, secondly that the settlement should ensure the sustainable development of the Social Insurance Fund and thirdly that the final settlement “should to have a fair and universal character within the framework of the philosophy of the pension system, of proportionality and reciprocity”. comprehensive arrangement for all pensioners in the context of the reform of the pension system, without exclusions and arrangements that create pensioners of various speeds”.

Source: KYPE

Source: reporter.com.cy

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