More than 120,000 households to receive special benefit

More than 120,000 households were expected to receive a share of over 84 million euros from the so-called social dividend on Tuesday, the Finance Ministry announced.

The social dividend refers to a share of the primary budget surplus that has been earmarked to help households in need and is distributed to applicants based on their tax declarations.

The new installment that will be distributed on Tuesday will go to applicants who failed to meet the criteria based on their 2012 tax declarations but have proof of diminishing incomes in their 2013 declarations.

With this tranche, the total number of households to have benefited from the program comes to 690,838, receiving a part of 446.9 million euros.

The Finance Ministry said that it will examine pending applications in early October in order to determine whether more household merit further assistance.

Households entitled to the benefit have been determined as those declaring a maximum annual income of 6,000-7,050 euros for unmarried people and 8,000-9,400 euros for couples, growing further depending on the number of children.

The amount of the one-off benefit that is handed out starts from 500 euros, increasing according to the number of household members.