Katrougalos: No cuts when sum of pensions is under €1,300

23 September 2016
109 Views

The Minister of Labor Giorgos Katrougalos clarified that the recalculation of pensions is based on pensionable earnings, adding that no supplementary pensions will be reduced when the sum of the main and supplementary pensions is under 1,300 euros.

In an interview on Ant1, the Labor Minister stressed that if any cuts have been carried out such pensions, they were in error and they will soon be restored. According to Mr. Katrougalos the pension reform ensures that the pensions paid out are fair, as there are not across-the-board cuts.
The Labor Minister also repeated his claim that only 10% of pensioners are affected by the recent cuts and that the national pension is better than the EKAS benefit, as it covers the poverty line.

Asked about further labor reforms, Mr. Katrougalos warned that he will not accept the neoliberal policies being promoted and underlined that his aim is to restore collective bargaining and increase the minimum wage.

You may be interested

Is the Greek Minority in Himara being used to divert attention from “Tahiri Scandal”?
DEFENCE
shares27 views
DEFENCE
shares27 views

Is the Greek Minority in Himara being used to divert attention from “Tahiri Scandal”?

Panos - Oct 23, 2017

In Albania, the National Inspectorate for the Protection of the Territory (IKMT) has issued an eviction notice for the residents…

Public Sector Employees to Demonstrate Against Work Evaluation on Monday
GREECE
shares44 views
GREECE
shares44 views

Public Sector Employees to Demonstrate Against Work Evaluation on Monday

Panos - Oct 23, 2017

The public sector employees’ union ADEDY will be staging a rally in central Athens on Monday to protest against the…

Climate change may take a heavy toll on Greek GDP, land
FINANCE
shares86 views
FINANCE
shares86 views

Climate change may take a heavy toll on Greek GDP, land

Panos - Oct 23, 2017

The total reported economic losses caused by weather- and climate-related extremes in the 33 EEA member countries between 1980 and…

Leave a Comment

Your email address will not be published.