Budget reaction – 28th October 2024

Forum Unions Maltin, the confederation of trade unions welcomes the increase in tax bands
announced in this budget. This together with the increase in children allowance are measures to
support employees and families. For.U.M. notes also the government measure to sustain employees
opting for a third pillar pension whilst it welcomes the introduction of incentives for retired
employees to provide mentoring in their areas of expertise.

For.U.M. was expecting to see the long-standing promised measure for sick leave of employees to be
utilised for sick dependants whilst it is disappointed with the measure to increase the years of
contribution of employees born in 1976 and later.

For.U.M.
President Marco Bonnici
General Secretary Chris Attard

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