With the recalculation, the pensioners got raises without being paid the amounts due from October 2019 as provided by law.
The amounts they will receive now are the retroactive increases of 48 months, ie from October 2019 to October 2023, given that from November 2023 onwards they receive the increased pension.
According to the payment data processed by the EFKA services, the beneficiaries of retroactive payments are pensioners after 2016 who receive (most) two pensions, such as for example an old-age pension and a death pension, or two pensions from parallel insurance.
Beneficiaries also include retirees with consecutive insurance (eg, IKA and State), retirees who continued or took up work after retirement, as well as other cases.
EFKA is settling this pending issue now and in the next few days the 45,000 pensioners will be paid their retroactive dues.
The recalculation with the replacement rates of Law 4670/2020 is more favorable for those with 30 years of insurance or more.
For example, with 35 years of insurance, the Katrougalou law provided for a replacement rate of 33.81%, while with the Vroutsis law, it improved to 37.31%, with 40 years of insurance, the replacement rate increased to 50.01% from 42.80%, etc.
A pensioner with 40 years of insurance and a salary (before he retired) of 1,500 euros, with the Katrougalou law he received a compensatory pension of 642 euros, while with the Vroutsis law, his pension increased to 750 euros, that is, he got an increase of almost 110 euros per month. Together with the national pension, he received 1,026 euros, and with the recalculation it reached 1,134 euros. Retrospectives for 48 months amount to 5,280 euros.
However, a new batch of retroactives is being prepared for the coming months in the pensions of veterans from the Armed Forces. They will receive retroactively 27 months in their pensions, which result from the recalculation of the deductions of Law 4093. It is estimated that they will occur retroactively for 25,000 beneficiaries.
The backlog of recalculations, however, does not end with the payment of the 45,000 pensioners and the apostates, as in the queue there are even other categories of pensioners in which either the recalculation was done but it turned out to be wrong and must be corrected, or it was not done at all due to incomplete data.
In the erroneous recalculations, it was found that either lower pensionable earnings or less insurance period were taken into account only based on the years of insurance and not the months referred to in the original decisions. In fact, in some funds (ETAA), they even look for contributions that pensioners had paid for their insurance, but had not been registered in their entirety in their insurance history. Their pensions were calculated based on the data available to the funds, but when it came time to recalculate and check the insurance data, mistakes were revealed.
Out of recalculation are also thousands of supplementary pensions, for which the insured paid increased contributions. In cases of increased contributions, pensioners are entitled to an increase, which in many supplementary pensions issued from 2015 onwards has not been calculated. Document held by “E.T.” proves that even the supplementary pensions from the workers’ supplementary fund in the insurance funds, TEAPOKA, come out without the increase. The relevant document states that while the contributions are 10%, the supplementary ones are calculated with a contribution of 6%, without paying a corresponding increase of 4 additional units.
EXAMPLES WITH THE BENEFICIARIES
The retrospective payments that will be paid in October to 45,000 pensioners, reach up to 8,592 euros. According to the indicative tables edited and published today by “Eleftheros Typos”:
- A pensioner who retired in 2018 with 35 years of insurance and a pensionable salary of 1,450 euros, with the Katrougalou law (n. 4387/2016) he had a pension of 942 euros and with the recalculation of the Vroutsis law (n. 4670/2020) last year in November the pension was increased by 55 euros and amounted to 997 euros. The retroactive payments he will get now amount to 2,640 euros.
- A pensioner who retired in 2018 with 37 years of insurance and a pensionable salary of 1,905 euros, with the Katrougalou law he had a pension of 1,178 euros and with the recalculation of the Vroutsis law last year in November, the pension increased by 105 euros and amounted to 1,283 euros. The retroactive payments he will get now amount to 5,040 euros.
- A pensioner who retired in 2019 with 38 years of insurance and a pensionable salary of 1,840 euros, with the Katrougalou law he had a pension of 1,187 euros and from November 2023 with the recalculation of the Vroutsis law, the pension increased by 117 euros and he receives 1,304 euros. The retrospective payments that will now be paid amount to 5,616 euros.
- A pensioner who retired in 2019 with 40 years of insurance and a pensionable salary of 2,300 euros, with the Katrougalou law he had a pension of 1,474 euros and from November 2023 with the recalculation of the Vroutsis law, the pension increased by 179 euros and he receives 1,653 euros. The retrospective payments that will now be paid amount to 8,592 euros.
THE RETROSPECTIVE OF THE PENSION RE-CALCULATION
| Pensionable salary | With 35 years of insurance | With 37 years of insurance | ||||||
| Pension up to 10the/2023 (n. Katrouglalou) | Pension with recalculation 11the/2023 (v. Vroutsi) | Increase from 11the/2023 | RETROSPECTIVE 10o/2024 | Pension up to 10the | /2023 (n. Katrouglalou)Pension with recalculation 11the | /2023 (v. Vroutsi)Increase from 11the | /2023RETROSPECTIVE 10o | |
| /2024 | 1.190 € | 847 € | 892 € | 45 € | 2.160 € | 891 € | 957 € | |
| 66 € | 3.168 € | 1.255 € | 871 € | 918 € | 47 € | 2.256 € | 917 € | 987 € |
| 70 € | 3.360 € | 1.320 € | 894 € | 944 € | 50 € | 2.400 € | 943 € | 1.016 € |
| 73 € | 3.504 € | 1.450 € | 942 € | 997 € | 55 € | 2.640 € | 995 € | 1.075 € |
| 80 € | 3.840 € | 1.580 € | 989 € | 1.048 € | 59 € | 2.832 € | 1.047 € | 1.135 € |
| 88 € | 4.224 € | 1.645 € | 1.013 € | 1.075 € | 62 € | 2.976 € | 1.073 € | 1.165 € |
| 92 € | 4.416 € | 1.905 € | 1.108 € | 1.180 € | 72 € | 3.456 € | 1.178 € | 1.283 € |
105 €
| 5.040 € | Pensionable salary | |||||||
| With 38 years of insuranceWith 40 years of insurancePension up to 10 | the/2023 (Katrouglalou village)Pension with recalculation 11 | the/2023 (v. Vroutsi)Increase from 11 | the/2023RETROSPECTIVE 10 | o/2024 | Pension up to 10the/2023 (Katrouglalou village) | Pension with recalculation 11the/2023 (v. Vroutsi) | Increase from 11the/2023 | |
| RETROSPECTIVE 10 | o | /2024 | 1.380 € | 993 € | 1.082 € | 89 € | 4.272 € | |
| 1.051 € | 1.157 € | 106 € | 5.088 € | 1.498 € | 1.043 € | 1.139 € | 96 € | 4.608 € |
| 1.104 € | 1.221 € | 117 € | 5.616 € | 1.550 € | 1.066 € | 1.164 € | 98 € | 4.704 € |
| 1.128 € | 1.249 € | 121 € | 5.808 € | 1.605 € | 1.088 € | 1.191 € | 103 € | 4.944 € |
| 1.154 € | 1.279 € | 125 € | 6.000 € | 1.723 € | 1.138 € | 1.248 € | 110 € | 5.280 € |
| 1.208 € | 1.343 € | 135 € | 6.480 € | 1.840 € | 1.187 € | 1.304 € | 117 € | 5.616 € |
| 1.263 € | 1.405 € | 142 € | 6.816 € | 2.300 € | 1.380 € | 1.527 € | 147 € | 7.056 € |
1.474 €
1.653 €
179 €
8.592 €
*Retrospective of 48 months (from 1/10/2019 to 31/10/2023). Pension amounts, gross before deductions and before tax.
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