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

The Greek government pilots ‘Cultural Prescription’: A holistic health care approach

Something very exciting is happening in Greece! A new and innovative health care program is being piloted here at the moment.

SoulChef Sundays: A Lenten table – Cod & Tahini

As Chef Georgia Koutsoukou - the Kalamata-born “SoulChef” - continues her SoulChef Sundays series with The Greek Herald.

Patricia Valeri Kotaridis driving change in Formula One fandom

Kotaridis is helping reshape the voice of Formula One fandom, bringing fresh perspective and inclusivity to a sport long dominated by men.

Greece to honour ‘Lady of Ro’ with statue marking legacy of patriotism

On the rocky islet of Ro, plans are moving forward to install a statue honoring Despina Achladioti, widely known as the “Lady of Ro”.

Tommie Tsiamis: ‘Being Greek is an indescribable feeling’

It’s not every day that someone quits a promising career in banking to pursue a career in music, especially in this economy.

You May Also Like

Petros Kaminiotis’ exhibition ‘Modern Athens in the Backdrop of Antiquity’ opens

Photographer Petros Kaminiotis presented his exhibition, Modern Athens in the Backdrop of Antiquity, at Luna Studio Gallery in Newtown.

A night of Zeibekika at Adelaide’s Festival Centre

The Festival Hellenika dedicated a musical night to the “Zeibekiko,” a popular dance with deep roots in the folk traditions of Greece.

EU approves 800 million euro scheme to help Greek tourism industry

The EU Commission approved an €800 million Greek program for businesses in the tourism industry affected by the pandemic.