The two critical dates for retrospectives – Who will receive

By Dimitris Katsaganis

Two are the critical dates for the next two and last cycles of retroactive payment to retirees with over 30 years of insurance under the Vroutsis insurance law.

These are, according to his information Capital.gr, the first key date is November 25th, while the second is December 10th.

More specifically, on November 25, the payment of the increases and retroactively (from October 2019) to 29,000 special cases of pensioners, ie the employed pensioners, the beneficiaries of pensions due to death will be made, with a vaccinated payment of EFKA deceased died after October 2019, as well as cases of beneficiaries who also died after October 2019 and the amounts will be paid to their heirs.

On December 10, the payment is expected to be “locked” in an estimated 21,500 “old” retirees (ie they retired before May 13, 2016), who due to incomplete data has not been ascertained if they have more than 30 years of insurance.

The payment of the increases and the retroactive payments (from October 2019) will be made at the end of December 2021.

In this regard, an audit of approximately 215,000 cases of retirees is underway.

With the payment of the above two categories of pensioners (“special cases” at the end of this month and those with incomplete supporting documents at the end of December) the barrage of increases and retroactive payments of the Vroutsis law ends.

These emerged from the implementation of the decisions of the CoC (October 2019) according to which the provisions of the Katrougalos law were considered unconstitutional, regarding the replacement rates for those who had many years of insurance.

The increase in replacement rates for those who had more than 30 years of insurance (under the Vroutsi law) led to an increase in their pensions.

It is recalled that, previously and specifically at the end of last month, payments were made to approximately 134,000 “old” (s.s. submitted before May 13, 2016) public and private sector retirees.

These relate to two of the five payment installments in total (2% -3%) resulting from the recalculation of their pensions. Specifically, these installments concern the years 2020 and 2021.

The payments of these increases will “run” until Friday, October 29. Three more installments are pending for the years 2022, 2023 and 2025. It is recalled that these retirees received their retrospectives at the end of last month, calculated from October 2019 .

On July 29, 2021, retroactive payments were made to 10,964 public sector retirees who submitted a retirement application after May 13, 2016. The total amount of retroactive payments will be 10,843,765 euros, while the average retroactive amount per pensioner is 989 euros .

– On July 27, 2021, the retroactive amounts were paid to the “new” retirees of the private sector (s.s. submitted a pension application after 13 May 2016) with more than 30.1 and up to 44 years of insurance, after the recalculation of earnings with the improved replacement rates of law 4670/2020.

– On June 29, 2021, increases were paid to 10,861 state pensioners who submitted a request for retirement after 13 May 2016 (with law 4387/2016) and before 1/10/2019. The above retirees saw on average a real increase in their gross pension of 74 euros, while the maximum amounts of increases reach 450 euros per month.