Personal finance

At least 333.30 euros per month will be withheld from the pension of debtors to the Single Social Security Entity (EFKA), as long as they meet all the conditions and the pension decision is issued based on the recent legislation.

The scheduled increase in pensions from July 1 might be adjusted to 10% instead of the initially projected 11%, in line with the State Social Security budget for the current year. This potential alteration stems from the officially reported lower inflation rates compared to earlier forecasted estimates.

The registration of working pensioners on the special electronic platform of the Single Social Security Entity (EFKA) has exceeded all expectations, already reaching 78,000, and is increasing by the day.

Peaceful island getaways, free from throngs of vacationers cramming streets and shores

A new incentive and reward system for public sector employees was presented by the Interior Minister Niki Kerameus and Deputy Interior Minister Vivi Charalampogianni during the Ministerial Council meeting Monday. 

The European Commission has referred the Greek state to the European Court because of its long-standing practice of paying off its commitments to its citizens and suppliers whenever it wishes. The cause is a long-term delay in paying the hospitals' commitments, which total 1.3 billion euros.

The sustainability of the social security system is considered assured until the distant 2070, according to a new study by the National Actuarial Authority submitted to the competent department of the European Commission.

In a recent decision made during an extraordinary budget and finance committee meeting, deputies opted to grant a BGN 100 supplement for Easter solely to pensioners whose pensions fall below the poverty line. This means that those receiving pensions above this threshold will not be eligible for the holiday supplement.

Working pensioners have four months to apply on the special platform of the Single Social Security Entity (EFKA) to have the 10% special contribution deducted from their wage which will eventually lead to an increase in their pensions to the tune of up to 3,500 euros annually. 

The way of transition will depend on the link between the monthly fee and the promotion of other benefits or incentives