Malta's Social Policy Minister proposes a second private pension for pension sustainability due to an aging population.

Malta's Social Policy Minister, Michael Falzon, suggests a second, private pension to complement the government's guaranteed pension. Both the government and opposition agree on the need for pension sustainability due to an aging population, but differ on the state of the welfare system. Falzon assures continued government pension increases, while the opposition believes more action is needed.

March 31, 2024
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