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Widow's Pension Increases Up to €470 for 8,552 Beneficiaries Starting August 28

Widow's Pension Increases Up to €470 for 8,552 Beneficiaries Starting August 28

From Ta Nea · () Greek

Translated from Greek and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • 8,552 public sector beneficiaries will see increases in their widow's pensions starting August 28 due to a new regulation.
  • The new rule restores widow's pensions to 70% of the deceased's pension, removing a previous cut applied after three years.
  • Pensioner representatives express concerns that the changes exclude those receiving pensions from deaths before May 13, 2016, and do not cover auxiliary pensions.

Thousands of beneficiaries in Greece are set to receive significantly higher widow's pensions starting August 28. A new regulation from the Ministry of Labor will eliminate a previous reduction applied after the first three years, restoring pensions to 70% of the deceased's original amount.

This change directly impacts 8,552 public sector beneficiaries, with an average monthly increase estimated at €470. The measure aims to provide greater financial security for surviving spouses. The total monthly fiscal cost for this adjustment is approximately €4 million.

Widow's pensions will return to 70% of the deceased's pension, instead of the 35% that applied when the beneficiary also had their own pension or income from work.

— Ministry of Labor regulationExplaining the core change in the widow's pension calculation.

The new provision applies to widow's pensions granted after May 13, 2016, the date the "Katsouranis law" came into effect. However, the government has stated there will be no retroactive payments for amounts that were previously cut.

Despite the positive changes for many, representatives of pensioners have voiced objections. They argue the new regulation creates a "two-tier system" by excluding individuals whose pensions originated from deaths before May 13, 2016. Furthermore, concerns have been raised about the lack of similar provisions for auxiliary pensions and for recipients of pensions from the former agricultural insurance fund (OGА).

We are creating 'two-tier pensioners'.

— Pensioner representativesExpressing dissatisfaction with the exclusion of certain beneficiaries.
About this summary

Originally published by Ta Nea in Greek. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.