Cola Bonus Malta 2024. From 2024, families will be receiving a bonus of €500 for their first born (in or after 2024) and a bonus of €1,000 for their second child. An increase in bonus for cost of living to just over €1 per week to those who started receiving their pension in 2009 or later.

Just under 500 families will receive the additional cola payment this week, the ministry for social policy said in a statement on saturday. The payments to eligible households will be paid in two installments (december 2023.