On Thursday, the Minister of Labor and Social Security,Marinos Mousiouttas, expressed on Thursday his hope that the pension reform bills would be brought before the next meeting of the Council of Ministers at the meeting of the Labor Advisory Council.
At the start of the meeting, when asked by the social partners when the reform is expected to be submitted to Parliament, the Minister stated that the Legal Service is expected to complete its legal review by Monday. If this is feasible, he noted that the reform will be presented at the next Cabinet meeting for approval and subsequently submitted to the House of Representatives.
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“We are entering the home stretch,” the Minister said, noting that “the final steps are the most difficult.” Mr. Mousiouttas added that everyone is making an effort to bring their positions as close together as possible.
Furthermore, the Minister noted that the positions of the parties in the Technical Committee dealing with the second pillar of the pension system— the Provident Funds, and the discussion is expected to move to the Labor Advisory Council.
As he noted, the OEB and KEBE have already submitted their positions in writing.
The Deputy General Secretary of SEK, Panikos Argyrides, noted that SEK is also expected to submit its written positions on the matter by the end of the day.
For her part, PEO Secretary-General Sotiroula Charalambous said she expects PEO to submit its own positions by Monday.
Source: CNA
