Results achieved

• In 2023, after consultations and with agreement of the social partners, the Council of Ministers adopted relevant amendments to the social insurance law, enabling an extension of benefit coverage to self-employed workers, including those in non-standard...
  2023
• In November 2022, the first actuarial valuation of the General Healthcare System (GHS), since its inception in June 2019, was endorsed by the Board of Directors of the Health Insurance Organisation (HIO), the membership of which includes tripartite stak...
  2022
• Statistics on the pension system are publicly available
  2021
• An actuarial valuation of the pension scheme has been approved and paved the way to pension reform
  2020
• Generated social security statistics for inquiry on social security
  2009
• Department of Social Insurance completed actuarial valuation of social insurance scheme.
  2009

Publications

Report to the Health Insurance Organization Actuarial valuation of the General Healthcare System as of 31 December 2020, covering the period 2021–2030

Republic of Cyprus. Actuarial valuation of the General Social Insurance Scheme as of 31 December 2014

Republic of Cyprus. Report to the Government. Actuarial valuation of the General Social Insurance Scheme as of 31 December 2014

Republic of Cyprus. Report to the Social Insurance Services, Ministry of Labour and Social Insurance. Peer review of the actuarial valuation of the Cyprus Social Security Scheme as at 31 December 2006

Cyprus: Technical note - Actuarial valuation of the pension plan of the Human Resource Development Authority of Cyprus as of 31 December 2003