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24-Year-Old Employees in Greece Earn € 380 per Month on Average

Twenty-four-year-old employees in Greece earn an average of 380 euros per month, while an 18-year-old makes 265 euros per month, a Kathimerini newspaper report...

The Establishment of the Social Security Institution in Greece

The Social Security Institution (IKA) was established by law in June 8, 1932 as a socio-economic necessity at a time when Greek society was...

More than 315,000 New Greek Pensioners Waiting for Payment

More than 315,000 pensions -- main and supplementary -- and retirement bonuses are overdue in Greece, according to a Kathimerini newspaper report. New pensions are...

Pensioners Present Fears Over Further Pension Cuts in Meeting With PM

Pensioners are not convinced by the prime minister's assurances that there will be no further cuts to pensions, the head of the Coordinating Committee...

Angry Greek Pensioners Rally to Protest Slashed Pensions

Thousands of angry pensioners gathered on Thursday morning at Kotzia Square in central Athens to protest their slashed pensions, burning the letters sent to...

Greece’s Major Security Funds About to Go Bust

Greece's two major security funds, OAEE and IKA, face tremendous shortages two months before the end of the year. The Professional Freelancers Security Organization (OAEE)...

Debts to Greek Security Funds Reach €33.6 Billion

The total debt to all Greek security funds reached 33.62 billion euros at the end of 2015, according to a Naftemporiki newspaper report. About 90%...

Ex-PASOK Fund Manager Spyropoulos Charged With Fraud

An Athens prosecutor brought criminal charges of breach of faith and fraud against Rovertos Spyropoulos, the former socialist PASOK party head of the Social...

Greece’s Social Security Foundation (IKA) Seeks Help to Pay Pensions

Greece's Social Security Foundation (IKA) on Thursday is expected to seek approval for additional funding in order to pay pensions. The fund's reserves show a...

Pensioners Take to Labor Ministry After 50% Pension Slashes

Greek pensioners who have seen their rights diminish since the start of the economic crisis took to the streets against the latest round of...

IKA Released Salary Data for Greece: 400 Euros/Month for PT Employment

The largest Social Security Organization in Greece released data on average rates of pay. The statistics show that the average part-time worker in Greece...

126,956 Greek Employees Get Paid Less Than 100 Euros Per Month

Thousands of Greeks are getting paid salaries lower than 1-year unemployment benefits offered by the Greek Manpower Employment Organization (OAED) at 360 euros per...

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