Retirement
More than 130,000 pensions applications are still pending
By Roula Salourou
More than 800,000 people have claimed a pension from the Social Security Foundation (IKA) in the last six years, peaking in 2010 with 167,665 workers filing for retirement.
Greece spends 16.2 pct of GDP on pensions
By Roula Salourou
Greece will remain among the countries with the highest pensions in Europe over the next four decades if reforms concerning the level of pensions and the age of retirement are implemented, according to a European Commission report.
- Read more about Greece spends 16.2 pct of GDP on pensions
- Log in to post comments
Govt: Average monthy pension in Greece at €664; supplementary at €168
The average primary monthly pension in Greece stands at 664.69 euros before taxes, whereas the average supplementary pension is 168.40 euros a month, the leftist government announced on Monday.
Pension and lump sum cuts to be frozen
By Roula Salourou
The government plans to freeze the cuts to main and supplementary pensions and retirement lump sums through amendments that Alternate Social Security Minister Dimitris Stratoulis is to table in Parliament.
- Read more about Pension and lump sum cuts to be frozen
- Log in to post comments
Social security problem is due to general economic issues
By Roula Salourou
Only a growth shock could save the Greek social security system: Even after the interventions of the last five years in terms of retirement age limits, pension levels, expenditure cuts and distortion corrections, which resulted in savings of some 14 billion euros per annum, the system is again ailing.
Bulgarian Deputy PM Proposes State Social Insurance to Increase from 2017
Bulgarian Deputy Prime Minister Ivaylo Kalfin proposed the contributions to state social insurance to start increasing from 2017.
The proposal foresees a total increase of 4.5 % over twelve years, with pension contributions increasing with 0.5 % every second year, while unemployment contributions will rise with 0.2 %.
Bulgaria to Tighten Control on Disability Pension Certificates
Bulgaria's Labor Minister Ivaylo Kalfin has come up with new proposals to amend the pension system, including measures to curb the unjustified allocation of disability pensions.
These include changes to the structure of the National Expert Doctors' Commission (NELK) and its local units in particular, commonly known as TELK.
Pension Reform Envisions Increase In Retirement Age, Pension Istallments
The pension reform proposals made by ministers of the second term of office of PM Boiko Borisov was presented at a news conference Tuesday.
Bulgarian Parliament will additionally vote on the proposals, envisioning gradual increase of both the minimum retirement age and of pension insurance installments, OFF News reported.
Turkish gov't announces hike in salaries of health personnel on eve of elections
The Turkish government has announced a 50 percent increase in the on-duty fees paid to health personnel, along with other measures to improve working conditions, just a day before national Doctor?s Day and shortly before the June general elections.
Four in 10 new pensioners aged under 62
By Roula Salourou
Four in 10 new pensioners who received their first pension this month are aged up to 61 years old, and some are as young as 51, according to data from the Helios register of the Labor Ministry.
- Read more about Four in 10 new pensioners aged under 62
- Log in to post comments