Cola Increase 2024 Malta Government Employees. The recent cost of living adjustment (cola), predicted to be between €5 to €6 for 2025, represents a stark drop compared to last year, a statement signed by ivan castillo, spokesman for the. In 2024, the cost of living adjustment (cola) will see an increase of €12.81 per week, benefiting a wide spectrum of the population.
Tables below illustrate yearly / weekly cost of living for employees / employers and retirees. The cola mechanism is linked to inflation and was agreed to by unions, employers and the government back in the 1990s.