PENSIONS - INCREASES OF €200+ BUT IN FIVE YEARS - WHAT ABOUT THE 12% PENALTY? - MOUSIOUTTAS - EVERYONE IS POSITIVELY AFFECTED - Filenews 20/8 by Angelos Angelodimou
The reduction of pensions was avoided, the penalty of 12% was reduced, increases of up to 50% are granted, however, at the same time, several questions arise, in relation to the provisions of the pension reform, which was presented yesterday to the social partners.
Speaking after the end of the session of the Labour Advisory Body, the Minister of Labour Marinos Mousiouttas stressed, among other things, that of the 123,000 old-age pensioners today, all are positively affected by the pension reform. Indicatively, he pointed out that about 50,000 pensioners will have an increase of more than €100 per month and around 60,000 will have an increase of less than €100 per month over five years, while future pensioners with low earnings may see increases of 5% to 60% compared to the existing system.






