**Larnaca, Cyprus** – President Nikos Christodoulides has unequivocally pledged to accelerate crucial pension reforms and enhance support for vulnerable pensioners, articulating these commitments during the inauguration of a new municipal rest home for the elderly in Larnaca. The event underscored the government's multifaceted approach to improving the lives of Cyprus's aging population, encompassing a comprehensive national strategy and immediate supportive measures.
The newly opened facility in Larnaca, lauded by the President as "a symbol of collectivity and a shining example of a human-centred, socially sensitive and genuine welfare policy," represents a tangible manifestation of the government's dedication to the well-being of its senior citizens. This initiative is part of a broader national strategy that encompasses 45 distinct policies designed to elevate the quality of life for the elderly, addressing concerns that span current and future generations.
Beyond the physical infrastructure of care homes, the government is actively implementing financial relief measures. Subsidies for hospice fees are now in effect, with a significant 85% of such establishments participating, ensuring more affordable long-term care. Concurrently, electricity bills are being subsidized, and benefits for low-income households have been augmented, directly targeting those most in need. For elderly individuals residing alone, a "Red Button" system has been introduced, providing a direct line for assistance and communication in emergencies, thereby fostering a greater sense of security. Furthermore, the establishment of four family-type homes offers a more intimate and nurturing environment for long-term care residents. Protecting the elderly from mistreatment is also a paramount concern, addressed through a nationwide neighbourhood social worker programme.
The discourse surrounding the welfare of the elderly extends to significant policy discussions in the Labour Ministry. Minister Marinos Mousiouttas recently convened with social partners – representatives from both employer and employee sectors – to deliberate on the critical issue of pension reforms, which Mr. Mousiouttas described as "emblematic." These discussions also encompassed the minimum wage, which was adjusted on January 1st, and a decree pertaining to the employment of students from non-EU countries.
The administration's timeline for pension reform is ambitious, with the government aiming to secure legislative approval for these changes before the House of Representatives dissolves in anticipation of the 2026 parliamentary elections. The intended implementation date for the reformed pension system is set for 2027, signalling a commitment to a timely overhaul of the existing framework. Simultaneously, ongoing dialogues are focused on the adequacy of the current minimum wage, with discussions scheduled to commence imminently. The expansion of collective agreements to encompass a wider segment of the workforce is also under consideration, though it is acknowledged that progress in this area is already overdue. These comprehensive actions demonstrate a concerted effort to not only support the current elderly population but also to proactively shape a more secure and dignified future for all Cypriots.