Cola Increase 2024 Malta 2024. Increases to service pensions, including bonus for high cost of living at a par with the full cola increase. With effect from 2024, the annual benefit paid to eligible parents who take care of their adult children suffering from a severe disability will increase by €487 to just below €5,000.
Increase of 6.5% for those who remain in work beyond pensionable age. 06 standards of public life.