Working pensioners stand to reap benefits

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. 

Labor Minister Domna Michailidou said as much describing the change in the framework as a substantial improvement in the income of working pensioners, noting that they will now receive their pension in full, while the 10% deduction from their salary will gradually bring about an increase in their pension.

"This implies additional income for each working pensioner that can reach up to 3,500 euros per year," she said.

More than 36,000 pensioners are already receiving their pensions in full from the beginning of 2024, rather than being reduced by 30%, as was the case until the end of 2023.<...

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