Pensions: Increases are coming retrospectively



Increases and retroactively from 1,150 euros to 6,912 euros in all temporary pensions (approximately 35,000) which have been issued from 13/5/2016 onwards will be paid in November. The increases will be up to 285 euros per month in temporary pensions plus retroactively from 1,150 euros to 6,912 euros for thousands of waiting retirees who applied from 13/5/2016 and their final pension has not been issued. The temporary pension in the Employees’ Funds increases to 80% of the average salary of the last year, instead of 50% that was calculated in the applications from 13/5/2016. For the self-employed, the self-employed and the farmers, it increases to 70% of the average monthly income of the last 12 months, instead of 50% that was calculated in the applications from 13/5/2016. The competent services of e-EFKA, will initially proceed to the increase of the percentage of all temporary pensions until the end of November. In particular, the percentage of the temporary pension increases from 50% to 70% for the self-employed, self-employed and insured in the OGA, and at a rate of 80% for the employees. For employees, the amount of the temporary pension is calculated as 80% of the average monthly salary of the insured during the 12 months of insurance preceding the submission of the retirement application. Also for the self-employed, self-employed and insured in the OGA, respectively, 70% of the average monthly income of the last 12 months of insurance preceding the submission of the retirement application is paid. In this way, the increase of the main pension rate and the further increase of the income of the pensioners is achieved, even retroactively. which the insured who submitted an application for retirement electronically were entitled to a deposit of 50% of the main pension. The increases of the waiting pensioners will be retroactive to the already granted temporary pensions, which were submitted in handwritten form, so that there are no significant differences in the amount of the temporary pensions of those who submitted their applications electronically. Calculation of a temporary pension Also, for employees and insured persons in the OGA the temporary pension can not be less than the amount of the national pension corresponding to twenty years of insurance, ie 384 euros, and exceed the amount equal to twice that, ie 768 euros . For self-employed and self-employed persons, the temporary pension may not be less than the respective national pension corresponding to 20 years of insurance and greater than the amount equal to the amount of the national pension multiplied by two and a half times the amount formed each time, ie 960 euros. At the same time, a temporary pension will be granted to the insured who submit an electronic application for retirement in e-EFKA, which is estimated at 80%. The temporary old-age pension will be granted from the first of the month following the filing date of the pension application, until the end of the month of the final decision. For retirees due to death who have not received a final pension, the temporary pension increases to 70% of the pension. For the recipients of the disability pension, the temporary one will be paid according to the degree of disability, as follows: a) temporary 75% with a degree of disability from 67% up to 79.99% and b ) temporary 50% with disability up to 66.99%. In case of application for reduced old-age pension, the amount of the temporary pension is reduced by 0.5% for each month (or 6% for each year) that falls short of reaching the age limit for full pension. Follow it on Google News and be the first to know all the news See all the latest News from Greece and the World, at



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