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Malta BudgetGuide

Budget measure

Maximum pensionable income for those born before 1962

The maximum pensionable income for pensioners born before 1962 rises to €28,000.

Budget 2027Announced

Amount

€28,000

Previous

No direct comparator

Effective from

Awaiting guidance

What it means

About 15,000 pensioners, including widows, receive an additional increase. The anomaly is to be removed fully by 2028.

Affects: Pensioners.

Sources

  • Diskors tal-Budget 2027, Ministry for Finance (Malta), 2026-10-26. Printed p. 20 (PDF p. 24)

Related measures

Budget 2027AnnouncedBudget measure

Cost of living adjustment (COLA) 2027

The 2027 cost of living adjustment is announced at €6.41 per week, up from €4.66 per week in 2026.

€6.41 per week

Speech printed p. 16 · PDF p. 20

Budget 2027AnnouncedBudget measure

Pension increase 2027

Specified pension categories rise by €10 per week in 2027, a figure that includes COLA.

€10 per week (including COLA)

Speech printed p. 19 · PDF p. 23

Budget 2027AnnouncedBudget measure

Carer at Home grant 2027

The Carer at Home grant is announced at €9,800 per year for 2027, up from €9,000 per year in 2026.

€9,800 per year

Speech printed p. 23 · PDF p. 27