By the end of January, the Single Social Security Entity will have distributed all the outstanding pensions from 2018 and before, while by the end of February, those pending before 2019 will be have been distributed, as well, stressed the Greek Minister of Labor and Social Affairs, Mr. Kostis Hatzidakis, on SKAI channel. He also noted that 97.5% of the retrospectives have been distributed.
Mr. Kostis Hatzidakis announced that last year 225,000 outstanding pensions were distributed, which is an all-time record
He typically stated that, in 2019, 123,000 outstanding pensions were distributed.
He announced that, in the coming months, the digital version of disability pensions and the digital version of private sector pensions will be implemented – through the Atlas system.
Referring to the Single Social Security Entity call center, he stated that, since the beginning of August, more than 1 million answered calls have been recorded.
Mr. Hatzidakis also announced an internal audit unit at the Single Social Security Entity headed by a supreme judge, who will substantially control the complaints. As he characteristically mentioned, we have 1200 pending complaints, which is a great number.
He also noted that employees who do their job well should be rewarded, but, at the same time, those who do not do well should be checked.
At the end of April the decision on the minimum wage
Referring to the minimum wage, he said that the council of Ministers will decide at the end of April the amount of the increase.
He noted that a small symbolic increase took place last year and, now, that the economy is on a recovery trajectory, another increase will take place, as well.
However, the minister stressed that, since the beginning of the New Democracy government, with the reduction of taxes and the insurance contributions, those who receive the minimum wage receive 305-533 more euros per year, which means a 4-5.5% increase.
Latest News
PDMA: Greece’s Funding Needs at 15.3 bln€ For 2025
According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
BoG Gov Stournaras Calls for Immigration and Economic Reforms to Tackle Workforce Shortages
Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices
Construction of Crete–Attica Electrical Interconnection Completed
The Crete-Attica electrical interconnection is expected to be operational from spring of 2025. It's budget exceeds €1.1 billion and has a capacity of 1,000 megawatts
Fraport Greece Unveils €600M Investment Plan to Upgrade Regional Airports
Fraport Greece ’s positive strategy is evident in its 2024 results, with the company having achieved a new record of 36.5 million passengers, an increase of 6% compared to the last year
Hate and Fear: The Magdeburg Tragedy and its Political Fallout
Security agencies appear overwhelmed, lacking clear criteria for identifying threats. The Magdeburg attack is a catastrophe for an already unsettled country.
PM Mitsotakis Discusses EU Defense, Security at North-South Summit
Hosted in Lapland, Finland, which shares a 1,300 km border with Russia, the summit brought together South and North European leaders to discuss security, defense, and migration
Surge in Investment and Soaring Housing Prices Across Greece
Greek housing prices have climbed sharply, recovering to 2011 levels and edging closer to their 2007 peak.
Greek Kiosks are Dying Out
The iconic Greek kiosk is dying out, and the empty shells remain to remind us of an urban everyday life that no longer exists.
Property Website: Athens-Area Residences Sold Within 6 Months, on Average
Data presented by the platform also shows higher prices in first 3 quarters of 2024