Are you born on and after 1962? Do you truly know how the pension system works in your regard?

On 18th June ĠEMMA posted the results of a survey it carried out the knowledge amongst persons who are born on and after 1962 on how the pension system works in their regard.  The general picture is worrying. Most people have an extremely vague idea of how the state pension system works and how it…

Research Analysis on the ESF co-financed Campaign on Financial Capability and Tertiary Education Students

ĠEMMA publishes the Research Analysis on the ESF co-financed Campaign on Financial Capability and Tertiary Education Students.  The Research Analysis report identifies the following key points: There is a general consensus that life goals and lifestyle played an important role in defining financial capability. There is a unanimous consensus that a monthly income is an…

Understanding Money Management across Different Life Stages

Your attitude to money management is not the same across different stages of your life.  Indeed your attitude to money management changes as you grow older and you assume greater life responsibilities.  The stages in your life journey when it comes to money management are basically 5. The Table below presents how your attitude and…

Department of Social Security Calculators and Gateway to My Services

The ‘Tools’ section on the ĠEMMA portal has been refreshed. On this page you will now find the following:Calculators Eligibility Calculator for Retirement Pension Children’s Allowance Calculator In Work Benefit Calculator Tapering of Benefits Calculator Unemployment Benefit Calculator Widows Pension Calculator My Services Gateway – This gives you access to the following services: Application monitoring…

Your First Job

Starting your first job is one of life’s most exciting times. While you are enjoying the freedom of financial independence, it is crucial to develop good money management skills to keep you on a solid financial footing. Tax Rates for Basis Year 2020 The Table below presents the tax rates for basis year 2020. https://cfr.gov.mt/en/rates/Pages/TaxRates/Tax-Rates-2020.aspx…