Kind of benefit | Beneficiaries and details |
(a) Marriage Grant | Abolished for weddings that took place on 1/1/2013 and thereafter. |
(b) Maternity Grant | Mother, based on her or her husband’s contributions, employed, self-employed or voluntary contributor. Equal to 6% of the annual amount of the basic insurable earnings. |
(c) Funeral Grant | Employed, self-employed and voluntary contributors, pensioners. The amount of the funeral grant is equal to 5,6% of the annual amount of the basic insurable earnings.
Payable to the widow or the widower or the person who has undertaken the funeral expenses. |
(d)Maternity Allowance | Employed, self-employed women and voluntary insured women in the service of Cypriot Employers abroad. Maternity allowance is payable for a period of 18 weeks. |
(e) Sickness Benefit | Employed, self employed and voluntary contributors in the service of Cypriot Employers abroad. The benefit is paid for at least 156 days in each period of interruption of employment. |
(f)Unemployment Benefit | Employed and voluntary contributors in the service of Cypriot Employers abroad. The benefit is paid for 156 days in each period of interruption of employment. |
(g) Invalidity Pension | Employed, self employed and voluntary contributors in the service of Cypriot Employers abroad. Invalidity pension is payable to persons who have been incapable for work for at least 156 days and are expected to remain permanently incapable for work. |
(h) Old age Pension | Employed, self employed and voluntary contributors. An insured person is entitled to old age pension at the age of 65. If the person satisfies certain conditions then he is entitled to old age pension at the age of 63. |
(i) Widow’s Pension | Employed, self employed and voluntary contributors. Widow’s pension is payable to the woman who was living with her husband before his death, or was maintained by him. Widower’s pension is also payable to a man who is permanently incapable of self-support and was permanently maintained by his wife before her death. |
(j) Orphan’s Benefit | Employed, self employed and voluntary contributors. In the case where the orphan is under the age of 18, or is incapable of acting regardless of age, the benefit is paid to the person that maintains him. In all other cases the benefit is payable to the orphan. The benefit is paid until the orphan becomes an adult. Where the orphan is incapable of self-support, it is paid for life. |
Benefits for employment accidents |
(k) Injury Benefit | Employed persons. Is payable from the fourth day of interruption of employment due to employment accident or occupational disease and continues to be paid for up to 12 months. |
(l) Disablement
Benefit | Employed persons. May take the form of either a grant or a pension, depending on the degree of disablement. Payable to employed person, who as a result of an employment injury, suffers a loss of physical or mental faculty of a degree of not less than 10% with the ecemption for disability due to pneumoconiosis, which is compensated from 1%. It is payable for life except when the beneficiary recovers.
Disability grant is payable to employed persons whose degree of disability is between 10%-19%, and disability pension for disability 20% and above. |
(m) Death Benefit | Employed persons. Death benefit is paid to the survivors of an employed person, who dies as a result of employment accident or occupational disease. The benefit includes: (i) widow’s pension, (ii) orphan’s benefit, (iii) parent’s allowance. |