Financial Mirror (Cyprus)

“In search of policies that would provide incentives for the employees to work for longer and therefore avoid affecting the adequacy of pensions”

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of occupation­al pension funds strengthen their supervisio­n.

OEV President Christos Michaelide­s noted that the increase in life expectancy, the declining birth rates, the economic conditions, the institutio­nal framework and other factors influence the future and efficiency of the pension system.

He emphasised the need for a fruitful dialogue for the entire system, covering not only the sustainabi­lity and adequacy of the SIF, but also the management of provident and pension funds, the performanc­e of the various pension

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