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Cyprus Pension

Posted: Mon Sep 16, 2024 7:03 pm
by glowred
I have been paying Social Insurance since I began work but have just checked and I will not have made 15 years worth of contributions when I reach 65 so will therefore not be entitled to a Cypriot pension. Does anyone know what happens to the payment’s that I will have made over the previous 14 years

Many thanks

Re: Cyprus Pension

Posted: Mon Sep 16, 2024 9:58 pm
by 71 Trans Am
You may have already seen this - Page 20 refers to old age pension

http://www.mfa.gov.cy/mfa/Embassies/Emb ... penElement

Re: Cyprus Pension

Posted: Tue Sep 17, 2024 6:33 am
by glowred
Many thanks for this, I will read it later, a bit early to take it in yet

Re: Cyprus Pension

Posted: Wed Sep 18, 2024 7:33 am
by Kissos
It's the number of units/points not the years as I found I was 1.5 points off a Cy pension. Depends on what you paid in IE any reduced payments if you were self employed and had lower earnings some years. Very frustrating. But you might be able to claim a social pension at 68 which can be a lump sum. But beware claiming a Cy pension can effects you having a white medical card and also making gesy contributions. This I was told from gesy in Nicosia.

Re: Cyprus Pension

Posted: Thu Sep 19, 2024 6:29 am
by glowred
Thank you Kissos, looks like I need to make some further Enquires, the problem is that the so called officials all seem to give you a different answer!

Re: Cyprus Pension

Posted: Thu Sep 19, 2024 6:42 am
by Kissos
Your welcome. I agree the cy pension is one of the most confusing topics I have found here. You get different answers depending on who you speak with, even at the CAB. Good luck with it all