The term social security benefits refers to various benefits (contributory and non-contributory) that fall under the remit of the Department of Social Security (DSS) in accordance to the Social Security Act (Cap. 318.) whereby the applicant would receive monetary benefits. Benefits include pension payments to retirees, payments to widowers, invalidity pension payments, maternity payments, payments…
Claiming a pension at state pension age (as per new pensions reform), not at the age of 61 (early-opt-out) and remaining in employment beyond retirement has a lot of positive benefits: to boost your pension to keep fit and active to enjoy a higher quality of life (basically two incomes – a pension and a…
Under the European Social Fund project titled ‘Knowledge, Training, Communications and Support Measures in Support of Vulnerable Groups’ (ESF2.63) the Malta Council for the Arts, Science, and Technology (MCAST) partnered with the Retirement and Financial Capability Group (RFCG), within the Ministry for the Family, Children’s Rights, and Social Solidarity to design and launch a training…
Students are often wearied by their long years in school, finding it difficult to put to practice what they have studied with the realities encountered during their employment. Employees more often than not, strive for more information regarding their future state pension whilst at the same time, seek other avenues of how to invest in…
Through this post, we are listing down some of our most popular content on this website. As you can see below, the list includes several topics of interest to help you with your day-to-day spending, learning about common financial mistakes and learning how to save for your future. Click the links below to learn more.…
Perhaps the most dangerous enemy of saving money is impulse buying. Have you ever bought things on the impulse of a moment and then feel guilt or regret for having done that purchase? A sudden desire for new dress for an occasion, cosmetics which you do not need, new stationery items for every scholastic year;…
