“Pensions are thawing”: Kostis Hatzidakis announced three permanent increases

“Pensions are thawing”: Kostis Hatzidakis announced three permanent increases
“Pensions are thawing”: Kostis Hatzidakis announced three permanent increases

The Minister of Labor, Kostis Hatzidakis, announced three permanent pension increases today.

Speaking on SKAI television, Kostis Hatzidakis emphasized that after 12 years, the pensions will “unfreeze” from 1-1-2023. The rate of increase is determined by the increase in GDP and the increase in the price index, with these two added and divided by two.


“The conclusion is after this that both the one size and the other will be significant and the increases in pensions will be significant”, noted Kostis Hatzidakis and added that the great majority of pensioners will see significant increases in their pockets, while for one part of the pensioners, the increases will “gnaw” the personal difference and they will be in a favorable position for the next increase.

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The second part, regarding the automatic pension increase for those who complete thirty years of work, Mr. Hatzidakis emphasized that it is “the so-called fourth installment of the recalculation of the Vroutsis law. It is a correction of the injustice of the Katrougalos law.”

A third increase in pensioners’ income results from the abolition of the solidarity levy, from which, according to the Minister of Labour, more than one million pensioners, with an income of more than 12,000 euros, will benefit.


Mr. Hatzidakis left open the possibility of granting an emergency allowance to low pensioners, saying that such a measure will be decided at the end of the year. “I tell you that we have to get to the end of the year and see how things will develop… who knows how electricity prices will develop. How will Russia’s invasion of Ukraine develop…” he emphasized and added that the government does not give anyone in the opposition the monopoly of sensitivity for low-paid and low-pensioners. Watch an excerpt from the interview

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The article is in Greek

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