Pensioners from 1.1.2017 onwards (law 4387/2016)
The pensions (main and auxiliary) OPS – EFKA August 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 26 July 2024.
Ika
The August 2024 IKA pension payment dates are:
OAEE, OGA, ETAA (non-Employee)
- The OAEE will pay the August 2024 pensions on Friday 26 July 2024
- OGA will pay the August 2024 pensions on Friday 26 July 2024
- The EBRD (non-Employee) will pay the August 2024 pensions on Friday 26 July 2024
NAT
NAT will pay the August 2024 pensions on Tuesday 30 July 2024
Public
The August 2024 State pension payment date is:
The State will pay the August 2024 pensions on Tuesday 30 July 2024
(The rest of the EFKA (Employee) funds will pay the August 2024 pensions like the State)
(The temporary pensions of Armed Forces, Security Forces and Fire Brigade of August 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 August 2024 will be paid simultaneously on the same dates as the main pensions.
Pensions: The document-document that brings up to 4,000 euros in 11-month refunds for old pensioners
A wave of court decisions on the retroactive 11-month supplementary pensions is expected in the next period as, as the “Insurance and Pensions” insert reveals today, the refunds have been permanently locked for approximately 360,000 pensioners who have pending lawsuits with amounts reaching up to 4,000 euros.
The new decision revealed today by the “Insurance and Pensions” insert sets the tone for those to follow as it vindicates a mass appeal by ATE pensioners with retroactive supplementary pensions of up to 3,436 euros.
The trigger that will trigger the mass issuance of the decisions that are pending from the Courts of First Instance will be given by the Supreme Special Court (AED) in which the resolution of the dispute between the Supreme Court (A.P) and the Council of State ( CoE) on whether or not pensioners are entitled to retroactive benefits from the gifts of main and supplementary pensions.
A.P. ruling on the case of a pensioner of the Bank of Greece (BoG) said that it is constitutional to cut Gifts to the Fund in question, on the grounds that the pensioners of the Bank of Greece did not have all the reductions applied to the pensioners of the other funds and that despite the cuts that imposed on them, their pensions are still higher than those of the IKA. The SC, as is well known, has ruled against it saying that the cut of the Gifts is unconstitutional for all funds and that all pensioners are entitled retroactively for 11 months from the cut of their Gifts.
The decision of the AED is expected in the autumn, that is, in two or three months from today, and according to the latest estimates, which are now also confirmed by sources of the Ministry of Labour, the decision will be in favor of the pensioners. The assessment is that the AED will recognize the validity of the decisions of the SC and will not get into the essence of the disagreement that exists from the AP. In practice, as explained by legal circles in the “Insurance and Pensions” insert, pensioners who have pending lawsuits will be retroactively entitled to reductions in supplementary pensions and from Gifts of main and supplementary pensions, while pensioners of the TbT will not be retroactively entitled to cuts in Gifts.
Pending the decision of the AED, the Courts of First Instance have suspended the issuance of decisions, as regards the part of the claims for Gifts, while taking a clear position in favor of retroactive supplementary pensions by vindicating the pensioners with the refunds of the unconstitutional cuts for 11 months, as exactly described in the decision published by the “Insurance and Pensions” insert.
As soon as the decision of the AED is published, the government will have to consider the options it has to finally solve the pending litigation that the 360,000 pensioners have, but also whether they should be vindicated retroactively with another 900,000 pensioners who have the same cuts in the supplementary pensions, but they have not filed appeals.
One of the scenarios being considered by the Labor Ministry is to return the 11 months backdated supplementary pensions for pensioners who have filed appeals and to pay a one-off benefit to those who have not appealed to the courts.
In this case, the 360,000 pensioners will be paid in full their pensions with amounts up to 4,000 euros, while the 900,000 will receive an allowance of 700 euros.
The 3 scenarios for payments to all pensioners
There are 3 payment scenarios for retroactives and they reportedly include:
1. Legislation should be passed to pay retroactively to pensioners who have filed lawsuits and so far all the decisions have vindicated them. Under this scenario, around 360,000 pensioners from all funds will get refunds of up to €4,000 from cuts in supplementary pensions and Gifts at a cost of €750 million.
2. To be retroactively returned to all pensioners, i.e. to those who did not file lawsuits. In this case, the beneficiaries reach 1.5 million and the cost of retroactives amounts to 2.3 billion euros. The amount is prohibitive, even if given in 5 or 6 annual installments.
- To be returned retroactively to those who have filed lawsuits and to those who have not filed to be given a lump sum of up to 800 euros. The cost amounts to approximately 1.6 billion. euros and can be paid in 5 years with 300 million euros per year.
The new decision retroactively amounts to 3,436 euros
The new decision revealed today in the “Insurance and Pensions” insert (photo) is A5267/2024 from 4The Single-member Court of First Instance of Athens, which vindicates ATE pensioners with 11 months’ refunds from the unconstitutional reductions imposed on their supplementary pensions by laws 4051 and 4093 of 2012. The lawsuit was handled by the law office of lawyer Loukas Apostolidis and succeeded in getting the pensioners retroactively from 421 euros to 3,436 euros. In the part of the claims for Gifts, the court suspended the issuance of a decision, as the decision of the AED is pending, which will decide whether and how much Retroactive Gifts the appellant pensioners are entitled to.
What are the retroactive amounts that retirees can expect to receive?
The retroactive payments from supplementary and Gifts that retirees are entitled to depending on the fund to which they belong are set up indicatively as follows:
*For IKA pensioners retroactively from 692 euros to 2,372 euros.
*For pensioners from DEKO and bank funds retroactively from 1,235 euros to 4,004 euros.
*For State pensioners, retroactively from 787 euros to 2,820 euros.
*For pensioners of other auxiliary funds (lawyers, commercial employees, bakers, etc.) retroactively from 668 euros to 2,399 euros.
*For NAT pensioners retroactively only for the reduction of supplementary allowance from Law 4093 and the Auxiliary Allowance Gifts from 503 euros to 1,985 euros.
11-MONTH HISTORY FOR SUPPLEMENTARY GIFTS PER PENSIONERS PRIOR TO MAY 13, 2016
| Supplementary pension before tax | RETROSPECTIVELY | |||||||||||
| From reduction of law 4051 | From reduction of law 4093 | From Dora | Final payment amount | |||||||||
| PENSIONERS IKA | ||||||||||||
| 294 € | 1.069 € | 642 € | 661 € | 2.372 € | ||||||||
| 262 € | 899 € | 360 € | 589 € | 1.848 € | ||||||||
| 235 € | 807 € | 323 € | 528 € | 1.658 € | ||||||||
| 212 € | 728 € | 291 € | 477 € | 1.496 € | ||||||||
| 201 € | 690 € | 276 € | 452 € | 1.418 € | ||||||||
| 191 € | 438 € | 124 € | 429 € | 992 € | ||||||||
| 181 € | 415 € | 118 € | 406 € | 939 € | ||||||||
| 176 € | 254 € | 114 € | 394 € | 762 € | ||||||||
| 160 € | 230 € | 104 € | 358 € | 692 € | ||||||||
| PENSIONERS OF TEN-BANK FUNDS | ||||||||||||
| 504 € | 1.832 € | 1.099 € | 1.073 € | 4.004 € | ||||||||
| 436 € | 1.584 € | 950 € | 979 € | 3.514 € | ||||||||
| 386 € | 1.402 € | 841 € | 867 € | 3.110 € | ||||||||
| 361 € | 1.311 € | 786 € | 811 € | 2.908 € | ||||||||
| 308 € | 1.119 € | 671 € | 692 € | 2.483 € | ||||||||
| 288 € | 989 € | 395 € | 647 € | 2.031 € | ||||||||
| 235 € | 855 € | 513 € | 528 € | 1.896 € | ||||||||
| 224 € | 767 € | 307 € | 502 € | 1.575 € | ||||||||
| 205 € | 495 € | 281 € | 459 € | 1.235 € | ||||||||
| PUBLIC PENSIONERS | ||||||||||||
| 350 € | 1.271 € | 763 € | 786 € | 2.820 € | ||||||||
| 323 € | 1.174 € | 704 € | 726 € | 2.604 € | ||||||||
| 279 € | 1.013 € | 608 € | 626 € | 2.248 € | ||||||||
| 233 € | 845 € | 507 € | 522 € | 1.874 € | ||||||||
| 224 € | 769 € | 308 € | 503 € | 1.579 € | ||||||||
| 199 € | 482 € | 273 € | 447 € | 1.202 € | ||||||||
| 187 € | 452 € | 256 € | 419 € | 1.128 € | ||||||||
| 175 € | 422 € | 239 € | 392 € | 1.053 € | ||||||||
| 181 € | 262 € | 118 € | 407 € | 787 € | ||||||||
| PENSIONERS OF OTHER SUPPLEMENTARY FUNDS | ||||||||||||
| 341 € | 1.168 € | 467 € | 764 € | 2.399 € | ||||||||
| 317 € | 1.086 € | 435 € | 711 € | 2.232 € | ||||||||
| 286 € | 1.039 € | 624 € | 643 € | 2.306 € | ||||||||
| 259 € | 939 € | 563 € | 580 € | 2.083 € | ||||||||
| 241 € | 874 € | 524 € | 540 € | 1.938 € | ||||||||
| 235 € | 807 € | 323 € | 528 € | 1.658 € | ||||||||
| 215 € | 738 € | 295 € | 483 € | 1.517 € | ||||||||
| 205 € | 503 € | 281 € | 459 € | 1.242 € | ||||||||
| 154 € | 222 € | 100 € | 345 € | 668 € | ||||||||
NAT PENSIONERS (retrospective only from the reduction of law 4093/2012)
| Supplementary pension before tax | RETROSPECTIVELY | ||
| From reduction of law 4093 | From Dora | Final payment amount | |
| 449 € | 978 € | 1.007 € | 1.985 € |
| 381 € | 830 € | 855 € | 1.685 € |
| 310 € | 675 € | 696 € | 1.371 € |
| 262 € | 572 € | 589 € | 1.160 € |
| 237 € | 325 € | 533 € | 858 € |
| 215 € | 295 € | 482 € | 777 € |
| 200 € | 274 € | 449 € | 723 € |
| 185 € | 254 € | 415 € | 669 € |
| 174 € | 113 € | 390 € | 503 € |
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