New wave of cuts in supplementary pensions on Friday

1 September 2016
55 Views

About 150,000 pensioners will see their supplementary pensions slashed by up to 38% when they are paid out on Friday.

According to a report in Ta Nea, the average cut in supplementary pensions will be about 60 to 70 euros, however in some cases the reduction may be up to 140 euros.

Of the 1.23 supplementary pensions that are being paid out, about 67,000 have already been reduced, with the additional 150,000 pensions to be reduced on Friday. A third wave of such cuts will take place in October.

You may be interested

New York Times: Greece not out of the woods with new 5-year-bond
POLITICS
shares16 views
POLITICS
shares16 views

New York Times: Greece not out of the woods with new 5-year-bond

makis - Jul 25, 2017

Greece, long Europe’s economic problem child, is trying to prove that it has made progress in its recovery efforts by…

Greek PM wears national basketball team jersey
GREECE
shares68 views
GREECE
shares68 views

Greek PM wears national basketball team jersey

makis - Jul 25, 2017

The Greek national U20 men’s basketball team who were crowned European Champions on Sunday were received by PM Alexis Tsipras…

Turkish-Cypriot side could allow 20,000 refugees to return
GREECE
shares65 views
GREECE
shares65 views

Turkish-Cypriot side could allow 20,000 refugees to return

makis - Jul 25, 2017

Up to 20,000 refugees from the fenced city of Varosha, and three Maronite villages in Famagusta, may be allowed to…

Leave a Comment

Your email address will not be published.