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

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Alumni excellence celebrated in style at Oakleigh Grammar

Oakleigh Grammar has inducted two more former students into the prestigious Alumni Hall of Fame.

A pilgrimage to heroic Souli: Remembering the legacy of the Souliotes and Souliotises

Nestled in the rugged mountains of Epirus, Souli is more than just a historical site—it is a symbol of resilience and bravery.

The First Ecumenical Council of Nicaea: Defining Orthodoxy and preserving Hellenism

The First Ecumenical Council of Nicaea, convened in 325 AD by Emperor Constantine the Great, stands as a pivotal event in Christian history.

From PAK to PASOK: Sakis Gekas to lecture on anti-dictatorship resistance in Toronto

The talk will feature some of the key moments of the anti-dictatorship struggle and its manifestations in the public sphere.

US urges EU to abandon protections for feta and other regional products

The United States is ramping up pressure on the European Union to eliminate its system of geographical indications.

You May Also Like

Long-awaited Thessaloniki Metro opens with driverless trains

Thessaloniki’s metro system officially opened on Saturday, introducing driverless trains to Greece’s second-largest metropolitan area.

Hundreds flock to Sydney’s Fish Market to grab seafood ahead of Christmas

Over 100,000 people are expected to flock to Sydney's Fish Market in Pyrmont today as it kicks off its famous 36-hour marathon trading hours.

Tempi rail disaster report released by Greek transport ministry

The Transport Ministry of Greece released a report that was prepared by a special investigative commission appointed by the government.