I bet several thousand Maltese pensioners haven’t got much to celebrate about Malta’s independence – this ushered in one of the biggest scandals of Maltese post-colonial administration.
I’m referring to the institutionalised defrauding of part of the so-called two-thirds (first pillar) pension of many retirees – the pension they had contributed to.
Workers will now be urged to contribute to private pensions – what a tragic comedy of banana republic proportions.