Social Security

Pension Rights

The current retirement age is 62 years for both men and women. For those born between 1952 to 1955, the pensionable age is 62 years. The pensionable age is 63 years for those born between 1956 to 1958; 64 years for those born between 1959 to 1961; and 65 years for those born on or after January 01, 1962.

A person must have at least 156 weeks of paid contributions, including an annual average of at least 50 weeks of paid or credited contributions for 35 years and must have been gainfully employed for the 10 years immediately prior to retirement. Partial pension is paid with an annual average of at least 15 weeks of contributions. Early pension is available at the age of 61 years if the insured person has at least 2080 weeks of paid or credited contributions since age 18, if born on or after January 01, 1962 and 1820 weeks of paid contributions since age 18 if born between 1952 and 1961.

There is a provision for flat rate and earnings-related (two-thirds) pension. In the case of contributory old-age pension (two-thirds pension), up to 66.7% of the insured's annual average earnings in the best three consecutive years in the last 11 years before retirement is paid to employed persons. The flat-rate benefit is €94.71 to €137.57 is paid depending on the marital status of the insured person.

Source: Social Security Act (CAP. 318) as amended by ACT XIII of 2015 and Legal Notice 123 of 2015

Dependents' / Survivors' Benefit

Survivors' pension is available for surviving spouses, divorced spouses if being maintained by the deceased spouse; surviving partners and children.

For widow(er), the condition of entitlement to survivors' benefits is 156 weeks of paid contributions paid by the deceased, with an annual average of 50 weeks paid or credited. Widow(er) under the age of 60 years with children below a certain age and in full-time education qualify for their pension regardless of their income.

Orphans must have both parents deceased for entitlement to benefit. One parent must have been an insured person and have paid at least one week of contributions at the time of death. No specific benefit is provided for in the event of the death of one parent, as in this case the spouse is entitled to a survivor’s pension.

Up to 55.6% of annual average earnings in the best three consecutive years in the last 11 years before the spouse's death or retirement is paid. The maximum flat rate benefit for a survivor of deceased person is €118.30 per week. The pension does not cease on remarriage. The orphan's pension is €57.04 a week and is paid for each orphan under 16 years of age. The benefit is €99.39 for each orphan aged from 16 to 21 years who is not gainfully employed.

Source: Social Security Act (CAP. 318) as amended by ACT XIII of 2015 and Legal Notice 123 of 2015

Invalidity Benefit

Invalidity pension is paid to any insured person who is certified to suffer either from incapacity for suitable full time or part-time employment or incapacity that is considered to be of permanent nature. To qualify for invalidity pension, a person must have paid 250 weeks of contribution as an employed or self employed worker with an annual average of 50 weeks of paid or credited contributions.

The amount of invalidity benefit depends on the number of contributions made and whether the insured person is married and supporting a spouse rather than according to the degree of invalidity.

Minimum invalidity benefit ranges from €94.71 for single persons to €100.11 for married couples. The maximum invalidity benefit is €118.30 for single persons and €137.57 for married couples. The partial disability pension is €15.45 a week to €68.77 a week, depending on the degree of disability. The non-contributory disability pension ranges from €94.71 to €137.57 a week depending on the marital status of the insured. The non-contributory pension for visually impaired or persons with severe disability is €99.40 a week for a single person and €198.80 for a couple if both persons qualify. The non-contributory carer pension is €103.74 a week.

Sources: Social Security Act (CAP. 318) as amended by ACT XIII of 2015 and Legal Notice 123 of 2015

Regulations on Social Security

  • Social Security Act (CAP. 318)
Cite this page © WageIndicator 2017 - Mywage.org/Malta - Social Security