Country fact sheet

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Cyprus

  • Basic country data

  • Population over 60 in 2010:
  • 161,504 (18%)
  • Projected population over 60 in 2050:
  • 441,518 (35%)
  • Income of country:
  • High income: non-OECD
  • Social pension?
  • Yes
  • Scheme information

  • Scheme information: Social Pension
  • Year introduced:
  • 1995
  • Monthly pension benefit:
  • 336 Euros (363 US$)
  • 20.54 % of average income
  • 915 % of international poverty line
  • Age of eligiblity:
  • 65.0
  • Targeting:
  • Pensions-tested
  • % of population over 60 covered:
  • 9%
  • Total cost:
  • 0.34% of GDP

Resources on the pension in Cyprus

Pension calculator

Calculate the cost of a universal social pension in Cyprus.

Visit the Pension Calculator

Notes