CLOSE
Loading...
12° Nicosia,
21 September, 2026
 
Home  /  Comment  /  Opinion

Cyprus politicians' perks and pensions - excessive or fair?

The question of benefits, pensions, and the hypocrisy of lawmakers

Opinion

Opinion

By Kyriakos Iacovides*

The political landscape in Cyprus is abuzz once again, as opposition parties seize yet another opportunity to level criticism at President Christodoulides. This time, their focus is on the pension he lawfully receives as a former public servant. It's important to note that laws and regulations governing public servants' pensions are established and voted on by the Parliament. For several years, members of the Parliament had the authority to amend this legislation, but they chose not to exercise it.

"...although lawmakers are paid by the Republic, no deductions are made for Social Security contributions because...the money they receive...is not considered a salary but rather compensation!"

While it may be within the bounds of legality, critics argue that it falls short in terms of ethical standards. They contend that President Christodoulides should have voluntarily relinquished this right. So, let's discuss ethics, pensions, and benefits.

Opposition lawmakers scrutinize parliamentary proceedings while enjoying comfortable benefits themselves. They reside in glass towers and cast stones at cement houses. Allow me to elaborate. For just a few hours of parliamentary work each week, lawmakers receive a monthly salary of €3,640, an attendance allowance of €1,945, a secretary support allowance of €1,025 (while having parliamentary assistants paid by the state), and an additional €580 in travel expenses each month, even when the Parliament is not in session.

What's even more audacious and infuriating is that, although lawmakers are paid by the Republic, no deductions are made for Social Security contributions because, believe it or not, the money they receive from the Republic, including allowances, is not considered a salary but rather compensation! Imagine an ordinary worker claiming not to have a salary but receiving compensation for the services they provide to a company. They would likely end up in jail.

Furthermore, those who serve a single term in Parliament receive a monthly pension of €1,352 when they reach the age of 60, with no Social Security contributions deducted. How many thousands of our fellow citizens, who have paid Social Security contributions for 40 years, do not receive such a pension? And if they serve two terms, their pension increases to €3,306 per month. Additionally, after one term, a lawmaker receives a lump sum of €75,000, while after two terms, this lump sum skyrockets to €185,000. Based on what logic? Based on what ethics?

Is it ethically correct for lawmakers to receive an additional pension, especially one without Social Security contributions, at the age of 60? Is it ethically correct for them to receive such substantial lump-sum payments? Is it ethically and morally sound for them to receive monthly travel allowances of €580 even when Parliament is not in session? Is it ethically and ethically correct for them to vote on their own salaries and benefits? Isn't there a conflict of interest?

Lastly, no one bothered to comment on the leak of personal data, apparently from a government accountant. But if tomorrow there is a leak of their personal data, they will surely protest. They should be aware that "what goes around, comes around," as the wise saying goes.

*Kyriakos Iacovides is a journalist and political scientist

[This opinion piece was translated from its Greek original and edited for clarity]

TAGS
Cyprus  |  politics  |  pension

Opinion: Latest Articles

As AI begins to act on its own instructions, humanity may be creating a power it cannot fully understand or control. Image is AI (oh, the irony)

It’s alive!

The new monster of Artificial Intelligence, like that of the ''modern Prometheus,'' has already issued its warning.
Michalis Persianis
 |  OPINION
As Nepal counts its dead and missing, the world must confront the inequality behind a crisis driven by unchecked consumption and powerful economies. Photo credit: Rajesh Kumar Singh/AP

Why is Nepal drowning?

The climate crisis is not a disaster for which everyone shares equal responsibility, even though its consequences are often ...
Paris Demetriades
 |  OPINION
Sometimes the wisest response to another person's grief is to pause before passing judgment. Photo credit: Unsplash

A little silence

When pain and trauma shape a person's actions, perhaps we should choose empathy before judgment.
Paris Demetriades
 |  OPINION
As marina and port projects reshape the coastline, protecting the marine environment must remain a priority. Photo credit: concretelayer.com

Can the sea be bought?

Cyprus’s coastal development is putting increasing pressure on the seas that residents and visitors have long enjoyed for ...
Paris Demetriades
 |  OPINION
The government's handling of the CY-Alert failure still leaves unanswered questions about a system designed to protect lives in real time. Photo is screen captured from Atlas Fireteam Facebook video

No fault, no accountability

The defence minister's public show of anger quickly lost credibility once the full facts behind the National Guard operation ...
Thanasis Photiou
 |  OPINION
X