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

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

What to read this summer: Greek Australian writers recommend their favourite books

The Greek Herald asked some of the Greek Australian community’s favourite writers for their recommendations on what to read this summer.

Chris Lucas declares Sydney the hottest hospitality market in Australia

Melbourne restaurateur Chris Lucas has opened Grill Americano in Sydney’s Chifley Square, his latest venue after Chin Chin.

Celebrating the legacy of the Anemones Dance Group

We recently celebrated the remarkable journey of the Greek Women of the Northern Suburbs and our beloved dance group, Anemones.

Call to preserve Greek migrant stories: Community invited to join ‘Our People, Their Stories’

Australia’s Greek community is being invited to play an active role in preserving one of its most valuable assets - its collective memory.

Greek rapper Negros Tou Moria earns spot on best albums list

The Guardian has named Negros Tou Moria’s album Mavri Ellada (Black Greece) among its 10 best global albums of 2025.

You May Also Like

Eirini Alligiannis brings New York’s street art to life at the Greek Festival of Sydney

Australian Greek photographer and filmmaker Eirini Alligiannis launched her striking new exhibition Art On The Wall on Tuesday, April 29.

South Melbourne remain on top after victory over Hume City

South Melbourne FC remain on top of the National Premier Leagues Victoria scoreboard after securing a 1 - 0 victory over Hume City FC.

Greece tops 500 daily COVID-19 infections for first time

“For the first time we went over 500 daily diagnoses of coronavirus,” said epidemiologist Gikas Magiorkinis.