Gov’t examines seven scenarios on pension cuts

29 February 2016
917 Views

The Ministry of Labor examines seven alternative scenarios on pension and benefit cuts in order to persuaded the representatives of the institutions to return to Athens.

Government sources admit that there is a difference in fiscal gap with the IMF, but they are optimistic that they will reach an agreement, if Greece implements pension cuts.

The seven scenarios are the following:

1. Primary pensions cuts
2. Cuts in new pensions, but also in those already paid via recalculation
3. Reducing the maximum ceiling for the total amount of pensions (double main pensions + widow’s pension +supplementary pension) from 3,000, as Katrougalos law provided, to 2,300-2,500 euros.
4. Reducing the national pension of 384 euros to 320 euros
5. Supplementary pensions cuts
6. Reducing lump-sum up to 20%
7. Reducing dividends of the Civil Servants Share Fund received by 280,000 beneficiaries

You may be interested

US: There will be costs if Russia acts against Ukraine
DEFENCE
shares13 views
DEFENCE
shares13 views

US: There will be costs if Russia acts against Ukraine

Panos - Apr 12, 2021

U.S Secretary of State Antony Blinken on Sunday said: “it would be a serious mistake” for China to strike at…

Kikilias: The plan is for vaccinations of healthy people in their 40s to begin in June
GREECE
shares11 views
GREECE
shares11 views

Kikilias: The plan is for vaccinations of healthy people in their 40s to begin in June

Panos - Apr 12, 2021

If everything goes according to plan and deliveries for the second quarter are made on time, vaccinations of healthy people…

Euro 2021 with fans in stadiums, UEFA decides
GREECE
shares24 views
GREECE
shares24 views

Euro 2021 with fans in stadiums, UEFA decides

Panos - Apr 12, 2021

The Euro 2021, which was postponed last year due to the coronavirus, will be held next summer with fans allowed…

Leave a Comment

Your email address will not be published.