BUSINESS

Number of pensioners dips to 2.64 million

The number of pensioners in Greece dipped in January to 2.64 million from 2.66 million in December, recent data published by the Ministry of Labor and Social Security has shown.

The data also revealed that 1,343 pensions were still being paid to individuals who are deceased. Their files will be sent to local pension authorities for further investigation, Labor Minister Yiannis Vroutsis said.

The ministry's most recent review of the pension system showed that more than 1.32 million people receive a single pension, 921,841 individuals receive two pensions and 316,905 beneficiaries receive three separate pensions.

The total number of pensions paid out in January reached 4.43 million, of which 10,077 went to foreign nationals.

The total cost of pensions is January came to 2.3 billion euros, ministry data showed, while the average monthly pension came to 941.59 euros.

The data also showed that Greek state paid out a total of 173,045 benefits in January, at a cost of 55.44 million euros.

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