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

Kogarah Greek Orthodox parish responds to backlash over changed Epitaphio route

The Greek Orthodox Parish & Community of Kogarah has responded to community concern following this year’s Good Friday Epitaphio procession.

90 years on: Belmore Sports Ground’s historic legacy honoured

Back to Belmore is marking 90 years since the first top-tier rugby league match at Belmore Sports Ground. Read more here.

Faith and community shine at St Basil’s NSW & ACT during Orthodox Easter

St Basil’s NSW & ACT marked the Easter period, describing their facilities as “filled with faith, joy, and meaningful traditions.”

The nobility of giving: Sydney to honour the legacy of Michael Tsilimos

The Greek community pauses to remember one of its most steadfast pillars, Michael (Michalis) Tsilimos, former Secretary of GOCNSW.

South Melbourne FC cruise past Preston Lions FC in dominant away win

South Melbourne FC continued their strong form in the NPL Victoria, claiming a comfortable 3-0 away victory over Preston.

You May Also Like

NSW Labor pledges support for independent multicultural media

Elected NSW Labor Government will review NSW government advertising practices to ensure role of independent multicultural media is supported.

GOC Melbourne hosts Inaugural Greek Community Cup

The Inaugural Greek Community Cup got off to a great start yesterday at the Partridge Street Reserve in Lalor.

SA Government supports Liberals ban on election corflutes 

The Liberals have introduced a ban on election corflutes to be used public infrastructure in South Australia.