Kids Getting Budget Savvy!

14 August 2019 Kids Getting Budget Savvy! HSBC Malta Foundation and the Retirement and Financial Capability Group (RFCG) within the Ministry for the Family, Children’s Rights and Social Solidarity, through its Ġemma initiative, are collaborating on a financial literacy programme aimed at young children attending a number of Skolasajf centres this summer. Central to this…

Are you going abroad?

Going abroad is a financial goal, that requires thought, planning and a travelling budget. It is not just buying a flight ticket and placing a deposit on accommodation.  There is much more to it. Do you need a checklist? Do you need a calculator to plan? Make the most of your abroad experience! Get our…

Government Bonuses

In Malta, Government Bonuses are fixed as indicated below and obligatory, whereby payments are made by the employer (whether public or private) to the employee. The full statutory (government) bonuses and the weekly allowance entitlements are issued as follows: End of June €135.10 covering period January to June End of December €135.10 covering period July…

A Note To Readers

GEMMA.GOV.MT is an informative website on financial literacy and retirement planning. Its’ aim is to serve as a practical and comprehensive guide to readers, in whichever stage in their life cycle they might be, being teenagers, employees, self-employeds, parents as well as pensioners in their everyday financial planning by the use of simple calculators and…

Compilation of Pension whilst in Homes – Hospital

Admission into a home for the elderly The population continued to climb at a record rate. Age population has been increasing and more elderly might require the service of a care home. There are government homes, as well as homes which are privately owned. There are also beds in private homes purchased by the government…