Pensions in Greece set to increase for first time in 12 years in 2023

·

Deputy Labour and Social Affairs Minister, Panos Tsakloglou, has said in an interview with local media that 2023 will see the increase of pensions in Greece, the first of its kind in 12 years.

The minister noted in his interview that the Greek government has been supporting the income of pensioners in several ways.

Tsakloglou referred to the challenges he faced when he took over the department and said he focused on the emblematic reform in the architecture of the public social security system.

The minister says the introduction of capital supplementary insurance aims to “reduce the exposure of the social security system to the demographic aging of the population, to the increase of savings.”

“This will be invested significantly in the Greek economy, enhancing growth, providing disincentives for uninsured work and providing higher pensions to future generations.”

Source: Hellenic News

greek film festival sydney new

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Kostas Sloukas praises Greek Australian fans as Panathinaikos arrive in Sydney

Panathinaikos BC touched down in Sydney this week for the second leg of the 7th Pavlos Giannakopoulos Tournament.

From family legacy to the Federal Court: A look into Justice Anastasis Liveris’ legal career

In an exclusive interview with The Greek Herald, the Greek Australian judge reflected on how he felt to achieve this major career milestone.

The Greek influence on Australian television

Among the many communities that helped shape TV culture were Greeks, whose presence both on and off screen left a lasting mark.

Critically endangered monk seal welcomes newborn on Karpathos island

The first Mediterranean monk seal (Monachus monachus) birth of 2025 has been confirmed on the island of Karpathos.

Campaigners celebrate as Milos luxury hotel project is halted

Environmental activists have welcomed the suspension of a controversial five-star hotel project on Milos’s world-famous “moon beach”.

You May Also Like

White Fox Boutique owners slammed for delivery delays ahead of Christmas

Georgia and Daniel Contos, the owners of White Fox Boutique, have come under fire by thousands of customers for Christmas delivery delays.

‘We want answers’ – Families of St Basils Fawkner residents unite as COVID outbreak grows

According to sources of The Greek Herald, families have been informed by staff that the remaining residents will be evacuated within the next 24-48 hours.

Semaphore Greek Festival 2024: A record-breaking celebration of culture and community

The Semaphore Greek Festival celebrated its 43rd year, transforming the Semaphore Foreshore into a bustling agora of Hellenic culture.