Pensions

The vote on pension reforms will not shake the government's majority, Economy Minister George Stathakis predicted on Sunday while talking on the "Mega Weekend" television show. Defending the government’s approach, he said SYRIZA’s Parliamentary group would support the changes. He...

Greek Labor Minister Giorgos Katrougalos appeared sympathetic to public criticism of a social security reform proposal he recently authored. During an interview with Kathimerini newspaper on Sunday, the Labor Minister discussed the 170 page proposal he crafted. The plan includes unifying...

"For the first time we will have one-speed pensioners," Greek Labor Minister George Katrougalos said on Friday in a press conference on social security reforms. He added that the Memorandum along with the peculiarities of the system and the PSI are...

There are several differences between Greece and creditors regarding security fund reforms after the Greek government made its proposal public on Monday. Athens is bound to overhaul its security fund system as an important part of the bailout program requirements....

A day following the leak of the Greek government's 170 page proposal to reform the Greek pension system,   Greek Government spokeswoman Olga Gerovasili attacked the other political parties for their refusal to support the reform push. While the reform...

Pensions cannot be allowed to fall below the amount paid in contributions, Greek President Prokopis Pavlopoulos said on Monday after a briefing on the pension system reform proposal he received by relevant Labor Minister George Katrougalos. "The partners in the...

The Greek government's proposal on the anticipated reform of the pension system leaked on Monday, with most of the burden falling on incoming pensioners rather than the current ones. The 170 page proposed legislation includes significant changes in the calculation of new...

The number of public sector employees has been reduced by 26 percent in the past five years, since the onset of the economic crisis in Greece. Salary reduction, changes in pension laws, employee transfers and voluntary resignations have led to...

Greece's Court of Audit has decided that retired members of parliament are entitled to up to 100,000 euros in pension pay retroactively, according to an Eleftheros Typos newspaper report. According to the Court of Audit, under Law 3691/2008 that gave...

A meeting of the government council on social policy, in which the imminent social security and pension reforms were discussed, concluded on Tuesday without any statements from the ministers.   Among the issues which were discussed are the national pension,...