By Dimitris Katsaganis
The Ministry of Labor is considering changes to the pension regime of those who are employed. A key element of these changes, according to information from Capital.gr, will be to put an end to the 30% horizontal reduction that applies to the pensions of working retirees. In other words, what is on the government’s table is that the same reduction does not apply to all working pensioners.
More specifically, another reduction (up to a maximum of 30%) should apply for those pensioners who simultaneously receive remuneration for providing work which is, however, quite high, and another reduction (lower than 30%) for those pensioners who have very low remuneration for their parallel employment .
The same sources report that the Ministry of Labor has still not reached a conclusion regarding the salary ceiling above which the 30% reduction in his pension will apply.
The aim is to make the reduction in the pension of those who work fairer, as those pensioners with high wages (from their work) and those with low or even occasional (and also low) wages cannot be subject to the same, horizontal reduction .
It is noted that in the latest research of the IOBE in relation to the demographic crisis, a proposal is foreseen to provide a high degree of flexibility for possibilities of parallel employment for retirees.
Based on the data so far, by order of the former Minister. of Labor, Mr. Yannis Vroutsis (from February 2020), a 30% reduction applies to those who retired after May 13, 2016 (against the 60% reduction provided by the Katrougalos law).
In fact, from March 1, 2022, the 30% reduction regime also applied to those pensioners (simultaneous workers) who retired before May 13, 2016.
Executives of the funds with which Capital.gr came into contact state that once the regulation that is being considered by the Ministry of Work will be applied to all retirees, who continue to be employed, according to the most likely scenario.
That is, it will not only concern those who will retire after the regulation under consideration is enacted, but also for those who had retired, the retirees who are employed.
Source: Capital
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