Retirement January 2026 8 min read
Malta Pension System 2026: State Pension Guide
Understanding Malta's state pension system and how to maximize your retirement benefits.
Types of State Pension
| Type | Requirement | Amount |
|---|---|---|
| Two-Thirds Pension | Full contribution history | ~67% of best 3-year average |
| National Minimum Pension | Minimum contributions | ~€160/week (2026) |
Retirement Age
Retirement age in Malta depends on your year of birth:
- Born before 1952: 61 years
- Born 1952-1955: 62 years
- Born 1956-1958: 63 years
- Born 1959-1961: 64 years
- Born 1962 onwards: 65 years
Contribution Requirements
To qualify for the full two-thirds pension, you need:
- Minimum 10 years of paid/credited contributions
- Yearly average of at least 15 contributions
- Contributions from employment, self-employment, or credits
How Pension is Calculated
The two-thirds pension is based on:
- Average of your best 3 consecutive years of earnings
- Subject to a maximum pensionable income cap
- Pro-rata reduction for incomplete contribution years