The social partners have taken a look at the cost of the pension reform, but… once again, they are not satisfied with the data, since it is not detailed enough.
According to information obtained by Alpha, the state’s costs from the pension reform will decrease in the first year.
That is, if it is implemented in 2027, the cost will be -19.2 million.
In 2028, it will increase by 14.6 million.
In 2029, it will reach 54.9 million.
In 2030, it will be 99.4 million.
In 2031, it will be 146.1 million.
And in 2032, it will be 190.7 million.
Therefore, the total cost to the state will amount to 486.6 billion.
SEE ALSO: Mousiouttas: Claims of €23 solely for a pension increase are inaccurate
The government pays for the social pension, the low-income pensioner allowance, and the supplemental minimum pension to eligible recipients. Once pensions are increased, some beneficiaries will lose their eligibility for the low-income pensioner allowance, and therefore the government will save money. According to reports, the total benefit to the state from discontinuing some of these allowances will be 36 million.
As for the cost to the Social Security Fund resulting from the pension reform, it will amount to 334.2 million.
The fund will be required to cover the increases that are decided upon, as well as the additional groups of beneficiaries who will be included in the system and credited with units, such as, for example, stay-at-home mothers caring for their children, or informal caregivers.
“On the part of the Ministry, we have demonstrated our readiness to hold daily meetings—whether of the Labor Advisory Council or the technical committees—in order to resolve outstanding issues, provide clarifications, and submit recommendations.”
Marinos Mousiouttas – Minister of Labor
Mousiouttas vs. Averof
Averof Neophytou’s videos about the 12% penalty drove the Minister of Labor up the wall, and despite the fact that he did not mention the former DISY president by name, he called him out in detail.
“As for the penalty in the 63rd minute, we don’t need the VAR official. They’re giving out crumbs. Two souvlaki pies, not even one coffee a day. So they’ll give a maximum of 23 euros a month to the tens of thousands of retirees, and you know those who make these promises will keep making fools of the people.”
Averof Neophytou – Former President of DISY
“It is unacceptable to refer to parts of the reform—whether derisively or with falsehoods—thereby providing the public with misinformation.”
Marinos Mousiouttas – Minister of Labor
The Minister referred to the 23 euros and gave as an example a retiree who retired at age 63 and will be entitled to a 43-euro increase due to the penalty.
“Let’s look into certain things beforehand, so we don’t end up looking foolish.”
Of course, a few minutes later, in a post on “X,” Averof Neophytou insisted:
“The government’s math continues to be problematic. Inaccuracies and empty promises are what’s being announced regarding pension reform. Communication cannot replace the truth. Reducing the penalty by 4.5% on the basic pension—which has a maximum of 529—results in a benefit of 23 euros.”
The bill is expected to be presented to the Cabinet on September 30 and from there to be forwarded to Parliament and tabled at the next plenary session of the House. The legal review of the government’s proposals has been completed.
See the report by Kleio Vourkou:
