Until now, there were restrictions on both those who had retired before May 2016 and those who retired after the Katruggalo law was passed, but continued to have employment.
Now, the pensioners who declare their employment in EFKA, after retirement, will have a reduction of the main and auxiliary pension by 30%, however, when they stop their work, the reduction stops and the pension returns to the initial amount.
At the same time, employment time is now utilized by increasing the pension. The amount is calculated based on the replacement rates that correspond to the time of employment, starting from 0.77% which is the percentage corresponding to the first year, while the salaries they have during their employment are also calculated.
Example: Retired before 2016 who worked for the last five years, is entitled to a pension increase with a replacement rate of 3.85% (0.77X5 = 3.85). If the salary from the employment was 1,200 euros, then he will receive a pension increase of 92.4 euros every month. With a pensionable salary of 1,500 euros, the pension increase he is entitled to for the five years of work is 115.5 euros.
The categories of employed retirees
1. Employment from 28/2/2020 onwards
2. Employment from 13/5/2016 to 27/2/2020
3. Employment starting before 13/5/2016 and ending after 13/5/2016
4. Employment with start and end before 13/5/2016
The framework for the employment of a retiree of e-EFKA
– In case it is undertaken after retirement subject to the insurance of e-Ε.Φ.Κ.Α. employment, the total of gross main and auxiliary pensions is paid reduced by 30% from 01.03.2020, unless the pensioner falls under one of the exceptions. It is noted that for the period from 13.05.2016 to 27.02.2020 the reduction amounted to 60%.
– Especially for pensioners who are employed in General Government bodies, the payment of the main and auxiliary pensions is completely suspended, if they have not completed the 61st year of their age until 28.2.2021 and from 01.03.2022 onwards it is suspended until its completion. 62nd year of age. From the 61st or 62nd year of age, respectively, pensions are paid reduced by 30%, as in the other categories of employed retirees. It is noted that for the period from 13.05.2016 to 27.02.2020 the suspension was complete, regardless of age. Ο.Τ.Α. A΄ and B΄ grade are bodies of the General Government.
Source: Capital
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