About 100,000 pensioners will no longer be receiving the EKAS benefit
About 100,000 pensioners will not be receiving the EKAS benefit in July, as the government begins to phase it out, as part of the recent bailout agreement.
In practice, the abolition or reduction of the benefit will result in the overall pensions of affected retirees to be slashed by 20% to 25%. The government will also begin withholding installments for the benefit that was paid out so far to these 100,000 pensioners this year.
The EKAS benefit will only be available to pensioners over the age of 65, with an annual net income from pensions up to 7,972 euros, personal income up to 8.884 euros and family income under 11,000 euros.
You may be interested
The fastest train ever (600 km/ph) debuts in China (video)Panos - Jul 26, 2021
A maglev bullet train that can reach speeds of 600 kilometers per hour (373 miles per hour) has made its…
UN Security Council blasts Erdogan over CyprusPanos - Jul 26, 2021
Greece is pleased with the stance of the international community towards Turkish provocations against Cyprus and the decision to re-open…
UNESCO slams Turkey over conversion of Hagia Sophia into mosquePanos - Jul 26, 2021
The UNESCO World Heritage Committee issued a statement about over Turkey’s decision to turn the world monuments of Hagia Sophia…