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

Sydney Olympic outclassed as Sydney United 58 hit top gear

Sydney United 58 responded in style to last week’s setback, securing their 11th win of the season with a commanding 3-0 victory.

ECCV urges stronger multicultural investment ahead of Victorian election

The Ethnic Communities’ Council of Victoria has welcomed targeted multicultural funding measures in the Victorian State Budget.

Hellenic Women’s Federation hosts vibrant Protomayia celebration in Melbourne

The Hellenic Women’s Federation of Victoria successfully hosted its annual Protomayia Festival on Sunday, May 3, at Axion Esti.

Greek genocide memorial events to be held in Northcote

The community is invited to gather in Northcote on May 17 for the 2026 Greek Genocide commemorations honouring the victims.

Junior doctors and medical students connect at HMSA networking night

The Hellenic Medical Society of Australia brought together junior doctors, dentists and medical students in Melbourne for a networking night.

You May Also Like

Sydney Olympic FC take victory over arch-rivals Marconi Stallions

Sydney Olympic FC managed a 1-0 victory over the Marconi Stallions at Marconi Stadium on Saturday night.

Novak Djokovic testing positive for coronavirus ‘takes the cake’, Kyrgios says

Greek Australian star Nick Kyrgios proceeded to release footage on Twitter of Djokovic dancing in a nightclub with other tournament players.

Bernard Tomic challenges Nick Kyrgios to $1 million winner-takes-all match

Bernard Tomic has called on Nick Kyrgios to put his money where his mouth is after the feud between the duo heated up again this week.