31/08/2026
The Employers and Industrialists Federation (OEB) has put its pension-reform concerns to Cyprus President Christodoulides, stressing the need to safeguard the adequacy of pensions and the long-term viability of the fund.
OEB President George Pantelides called the meeting substantive and constructive, saying these were concerns rather than red lines, and that the two sides discussed safeguards to protect pension adequacy in the event of an economic crisis. He said the federation backs advancing the reform, at least in its first phase, and pointed to the importance of the actuarial study due before 2031. Also on the table: labour costs, bureaucracy, energy, the nursing shortage, and the Redundancy Fund, where OEB wants the contribution reduced.
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