Three steps for faster retirement in Greece

Greek insured individuals seeking to accelerate their retirement can follow three essential steps. The first involves consolidating insurance contributions, which can be done through an electronic application to the e-EFKA social security fund up to two years before submitting a retirement application. Second, individuals can purchase notional years of coverage to meet the required insurance period and secure the appropriate age limit. For example, someone with 33-34 years of insurance could potentially reach 40 years and retire at 62 by purchasing these notional years. The third crucial step is to settle any outstanding debts with e-EFKA. For self-employed individuals, retirement is possible with debts up to 30,000 euros for professionals and up to 10,000 euros for farmers, provided they meet specific conditions. This process aims to streamline access to retirement benefits for eligible citizens.