2024 Cola Increase Malta 202. Cola (cost of living increase) is set to increase to €12.81 per week (€9.90 last year) for all employees, pensioners and people receiving social benefits; With effect from 2024, the annual benefit paid to eligible parents who take care of their adult children suffering from a severe disability will increase by €487 to just below €5,000.

The cost of living adjustment for 2024 in malta is €12.81 per week, as announced by finance minister clyde caruana. Cost of living adjustment (cola) for 2024 will be €12.81 per week.