Newsroom
In Cyprus, pension amounts vary significantly depending on the type of pension and whether the recipient has dependents. According to the Social Insurance Services, the highest pension paid in 2024 exceeded €3,000, specifically €3,049, and applied to retirees with dependent family members.
For specific types of pensions, the largest widow(er)’s pension with dependents reached €2,022, while the highest pension for a person with full (100%) disability and dependents was €2,541. In comparison, a person with 100% disability but no dependents received a maximum of €1,900.
Lowest pension levels
At the lower end of the spectrum, pensions without dependents start at €435.62. With one dependent, the minimum rises to €580.83; with two dependents, €653.43; and with three dependents, €726.04.
Pension increases over time
Examining changes from 2019 to 2025 shows that pension growth has been gradual. For retirees without dependents, the minimum pension rose from €357.22 in 2019 to €435.62 in 2025, while the basic pension increased from €420.26 to €512.50 over the same period, less than a €100 increase in six years.
For those with one dependent, the minimum pension grew from €476.30 to €580.83, and the basic pension from €560.35 to €683.33. With two dependents, minimum pensions increased from €535.84 to €653.43, and basic pensions from €630.40 to €768.74. Finally, retirees with three dependents saw the minimum pension rise from €595.37 to €726.04, and the basic pension from €700.44 to €854.16.
