PENSION

equal-benefits-for-all-funds
SOCIAL SECURITY

The Labor Ministry is drafting a new and particularly painful reform that will lead to the practical merging of the entire social security system; it will introduce single terms and conditions for a worker’s inclusion in the Single Social Security Entity (EFKA), for the calculation of the amount and the determination of the means of concession for the benefits one is due, in money or otherwise.


retroactive-dues-to-pensioners
SOCIAL SECURITY

Some 200,000 pensioners are still waiting for retroactive payments they have been entitled to since October 2019, even though they have completed 30-40 years of insured work.

amka-can-be-deactivated
SOCIAL SECURITY

The National Insurance Number (AMKA) of people who have lost their right to legal residence in Greece or whose stay in the country has been interrupted may now be temporarily deactivated.


save-our-pensions
ECONOMY

An estimated 4,500 recipients of spousal pensions of deceased public sector employees must provide evidence, by August 31, that they do not receive any salaries or pensions from any other source.

new-pension-scheme-from-2022
ECONOMY

Greece’s pension system will undergo a significant change on January 1, 2022, when funded supplementary pension body TEKA begins operation.


efka-reaching-remote-parts
SOCIAL SECURITY

Greek workers and pensioners will be able to carry speak with representatives of the Single Social Security Entity (EFKA) by video call on their computer or smartphone, thanks to the myEFKAlive initiative.

beating-contribution-evasion
SOCIAL SECURITY

The government is set to make the payment of social security contributions compulsory upon the issue of payment documents for services rendered.



pensioners-still-working-must-tell-efka
SOCIAL SECURITY

Pensioners who are still working – as well as their employers – will have to submit a declaration to the Single Social Security Entity (EFKA) about it, according to a decision Labor Minister Kostis Hatzidakis signed on Wednesday.

efka-to-get-help-this-summer
SOCIAL SECURITY

Certified lawyers, tax experts and accountants are getting down to business this summer assisting the Single Social Security Entity (EFKA) with the issue of new pensions, and the Labor Ministry expects the process to have accelerated considerably as of September.


pending-pension-applications-falls-again-in-april
NEWS

Data showed that a total of 18,531 retirement applications were completed in April, up from 7,071 in April 2020 and 10,633 in April 2019, an increase of 162 percent and 74 percent, respectively. 

new-auxiliary-fund-offers-new-option
ECONOMY

The new Auxiliary Capital Insurance Fund (TEKA) will allow executives to invest contributions while each insured individual will be able to choose between three types of investments, with different levels of risk, according to the draft law of the Labor Ministry that has been put to public consultation for the next two weeks.