Cracking the Code: A Deep Dive into Your November Retirement Benefits

Cracking the Code: A Deep Dive into Your November Retirement Benefits

Specifically with the provision of the law 4611/2019 (Government Gazette Issue A 73/17.05.2019) entitled – Settlement of debts to the Social Security Agencies, the Tax Administration and the OTAs of the first degree, State pension arrangements and other insurance and pension provisions, Reinforcement of the protection of workers and other provisions – new dates of payment of the main pensions are determined

This provision is as follows:

Law 4611/2019 (Official Gazette Issue A 73/17.05.2019)

Article 34

Dates of payment of monthly main EFKA pensions

1. The date of payment of the main monthly EFKA pensions is defined as:

a) For employees, the penultimate working day of the previous month

b) For the self-employed, the fourth last working day of the previous month

2. In exceptional cases, the dates of paragraph 1 may be varied after a reasoned decision of the EFKA Board of Directors and approval of the Minister of Labour, Social Security and Social Solidarity

3. By decision of the Minister of Labour, Social Security and Social Solidarity, every necessary detail for the implementation of this is regulated, as well as the manner of its application to entities that pay benefits that are not reduced to a monthly basis

4. From the entry into force of this, any other contrary provision is repealed

The payment dates for pensioners of all Pension Funds for November 2024 are as follows:

Pensioners from 1.1.2017 onwards (law 4387/2016)

The pensions (main and auxiliary) OPS – EFKA November 2024 for all those who are new pensioners (Employed and non-Employed) from 1.1.2017 onwards (law 4387/2016) will be paid on Friday 25 October 2024

IKA pensions

The payment dates of the IKA pensions for November 2024 are:

The IKA will pay the November 2024 pensions on Wednesday, October 30, 2024

OAEE, OGA, ETAA (non-Employee) pensions

The OAEE will pay the November 2024 pensions on Friday 25 October 2024

OGA will pay the November 2024 pensions on Friday 25 October 2024

The EBRD (non-Employee) will pay the November 2024 pensions on Friday 25 October 2024

NAT pensions

NAT will pay the November 2024 pensions on Wednesday 30 October 2024

State pensions

The November 2024 state pension payment date is:

The State will pay the November 2024 pensions on Wednesday 30 October 2024

(The rest of the EFKA (Employee) funds will pay the November 2024 pensions like the State)

(The temporary pensions of Armed Forces, Security Forces and Fire Brigade of November 2024 will be paid as in the State)

Payment of the main and auxiliary pensions on the same date

The Ministry of Labor and Social Affairs in collaboration with the e-EFKA Administration decided that the payment of the main and auxiliary pensions will be made on the same date on a permanent basis

Therefore, the supplementary pensions for the month of November 2024 will be paid simultaneously on the same dates as the main pensions

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#November #pensions #payment

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