Greece to pay out over 2.49 billion euros in pensions, benefits by July 31
Translated from Greek, summarized and contextualized by DistantNews.
At a glance
- Greece will disburse over 2.49 billion euros to more than 4.3 million beneficiaries between July 27 and July 31.
- Payments include main and supplementary pensions, unemployment benefits, maternity leave, and employment programs.
- The payouts are being managed by the e-EFKA (Unified Social Security Fund) and the Public Employment Service (DYPA).
Greece is set to disburse a substantial sum of over 2.49 billion euros to more than 4.3 million beneficiaries in the final week of July. The payments, scheduled from July 27 to July 31, encompass a wide range of social security and employment benefits managed by the e-EFKA (Unified Social Security Fund) and the Public Employment Service (DYPA).
The largest portion of the funds, exceeding 1.32 billion euros, will be paid out on July 28 to 2.62 million beneficiaries for August pensions. An additional 1.11 billion euros will be distributed on July 30 to 1.65 million beneficiaries for their August pensions. A smaller payment of 2.8 million euros is allocated for pension advances on the same day.
Beyond pensions, the payout schedule includes 14.5 million euros for lump-sum payments, distributed between July 27 and 31. On July 29, 1.8 million euros will be paid to 498 beneficiaries for the return of unduly paid contributions. Furthermore, 16 million euros are designated for unemployment benefits and other allowances for 26,000 individuals.
Additional support includes 1 million euros for 1,500 mothers on subsidized maternity leave and 20 million euros for 19,000 beneficiaries participating in subsidized employment programs. Finally, 700,000 euros will be allocated to 80 organizations for contributions related to public benefit work programs. The Ministry of Labor and Social Affairs announced these details.
Originally published by Ta Nea in Greek. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.