Mini-Pension Reform Bill Has “Strong Social Stamp”, Hatzidakis Tells ANA

November 20, 2022

ATHENS – Reforms with a strong social stamp that correct past injustices are included in the draft bill to modernise pension legislation recently submitted to parliament, Labour and Social Affairs Minister Kostis Hatzidakis said in an interview with the Athens-Macedonian News Agency released on Sunday.

“Among others, we are supporting 2.3 million vulnerable fellow human beings at a difficult time through the payment of an extraordinary financial benefit [of 250 euros] by December 20. We are defining the necessary processes for adjusting pensions from January 1, 2023 that, combined with a series of other increases…will result in a significant boost of the real income of the overwhelming majority (95 pct) of pensioners,” he said.

Other measures included a uniform set of rules for disability, making the lower social insurance contributions permanent, subsidising the conversion of part-time jobs to full time and extending maternity leave to nine months.

The law will “unfreeze” regular pension increases, linking them with the rate of increase of both GDP growth and the price index. The amount paid will initially be based on budget forecasts and then adjusted accordingly once the final figures for the year are released by ELSTAT and the result incorporated into the increase of the following year, the minister said.

The vast majority of pensioners will also benefit from the abolition of the solidarity levy, the one-off payment of 250 euros and the 4th dose of payments from a recalculation of pensions with more than 30 years worth of contributions.

In addition to pensioners, the 250-euro benefit will be given to those on disability benefits, uninsured seniors and those receiving the Minimum Guarantee Income or child benefit.

The bill also regulates issues relating to unpaid debts to the unified social insurance fund EFKA and when these can be written off, the insurance rights of employees in cases where unpaid debts are written off, as well as other measures.


ATHENS — Greece aims to create two large marine parks as part of a 780-million-euro ($830 million) program to protect biodiversity and marine ecosystems, with the plans to be formally announced at an international oceans conference starting in Athens Tuesday.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


New York Greek Independence Parade Honors 1821 and Grim Anniversary for Cyprus (Vid & Pics)

NEW YORK – The New York Greek Independence Parade on Fifth Avenue, commemorating the 203rd anniversary of the Greek Revolution of 1821, was held in an atmosphere of emotion and pride on April 14.

ANCIENT OLYMPIA, Greece (AP) — Even without the help of Apollo, the flame that is to burn at the Paris Olympics was kindled Tuesday at the site of the ancient games in southern Greece.

ATHENS – The Ilias Lalaounis Jewelry Museum (ILJM) Jewelry Artist in Residence Program (JaIR) accepts applications throughout the year.

NEW YORK  — The historic hush money trial of Donald Trump got underway Monday with the arduous process of selecting a jury to hear the case charging the former president with falsifying business records in order to stifle stories about his sex life.

ATHENS - The New Democracy's ballot paper was presented at a special event at the Athens Auditorium on Monday.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.