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

23 September 2016
32 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

Thomsen: Debt relief after 2018
FINANCE
shares51 views
FINANCE
shares51 views

Thomsen: Debt relief after 2018

makis - May 23, 2017

Poul Thomsen, the IMF’s Director of the European Department towed the line of German Finance Minister Wolfgang Schauble after the…

164 refugees land on Greek islands in one day
GREECE
shares58 views
GREECE
shares58 views

164 refugees land on Greek islands in one day

makis - May 23, 2017

The refugee flows to Greece are continuing at a steady pace as the weather warms up. 164 refugees and illegal…

Tsipras: We are in solidarity with British people
POLITICS
shares52 views
POLITICS
shares52 views

Tsipras: We are in solidarity with British people

makis - May 23, 2017

Greek PM Alexis Tsipras tweeted his solidarity to the British people after the Manchester terrorist attack, which kill 22 young…

Leave a Comment

Your email address will not be published.