Cola Increase 2024 Malta Nagar. Each year, an increase in the weekly salary of all employees is announced during the budget, referred to as the cost of living adjustment (cola) mechanism. Increase of 6.5% for those who remain in work beyond.

Cola plus payments of between €100 and €1,500 per household to be issued to 95,000. The amount of €6.41 per week will be added to the collective agreement increase for the year 2024, reflecting the effect of the cola of €12.81 per week.