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

Body image in Greek Australian culture

The report highlighted that an estimated 4.1 million Australians aged 15 and over have experienced body dissatisfaction.

SoulChef Sundays: A taste of tradition with Katiki Cheese Pie

This week, SoulChef presents a lighter, contemporary take on a classic — without sacrificing authenticity or flavour.

Greek as always: Different languages, same ancient soul

We Greeks have always been adventurous people. The Minoans sailed the Mediterranean and traded exotic goods.

Greece secures world’s 2nd best beach for 2026

Greece has earned major international recognition with four of its beaches ranked among the world’s top 20.

First Orthodox cemetery opens in Japan

To support the spiritual needs of the faithful, the parish priest announced plans to relocate a traditional wooden church from Romania.

You May Also Like

World Poetry Day: 5 Greek poets whose works have stood the test of time

With today being World Poetry Day, here are five Greek poets whose works have stood the test of time.

Cypriots begin clean up after deadly forest fire spreads through villages, farms

A deadly fire that claimed four lives and has been described as the most destructive blaze in Cyprus’ history is now fully under control.

Greece and Germany in talks to establish migrant return centres in Africa

Greece is in talks with Germany to create migrant return centres in African countries, according to Immigration Minister Thanos Plevris.