The amount given next December will apparently be more than what was paid to those who did not see the 2024 increase pocketed due to a personal difference.
The final decisions will be announced at the Thessaloniki International Exhibition in September by the prime minister and payments will be made in December 2024.
If last year’s figures are taken into account, pensioners who, after the increase that will be given to pensions on 1/1/2025 (and will be around 2.5%-3%) will get the allowance, will have a balance of personal difference over 10 euros .
The beneficiaries of the allowance for 2025 are estimated to be around 650,000 pensioners, up from 730,550 who got the allowance in 2024, as after next year’s increases it is expected that 80,000 pensioners will have zero personal difference or be left with a balance of less than €10. so they will not be entitled to the allowance.
The allowance will be financed with 250 million euros from the extraordinary 33% levy that the government decided to impose on the excess profits of the refineries.
For the payment of the personal difference allowance in 2025, three scenarios are considered:
1.To be paid with the same scales as paid in 2024, i.e. with 200 euros for pensions up to 700 euros, 150 euros for pensions up to 1,100 euros and 100 euros for pensions up to 1,600 euros, but with an expansion of the beneficiaries so that pensioners who receive main pension or have a sum of main pensions over 1,600 euros. Those retirees were disqualified from the 2023 and 2024 benefit even though they didn’t get an out-of-pocket increase due to a personal difference. The benefit given this year cost 106 million euros, while the 2025 benefit is financed with 250 million euros, which means that pensioners above 1,600 euros, who were excluded in the previous two years, can easily be included in the 2025 beneficiaries.
2.Increase the allowance, but keep the same scales for beneficiaries with pension amounts up to 1,600 euros. In this case, it is very likely that the allowance will be doubled to 400 euros for pensions up to 700 euros, to 300 euros for pensions up to 1,100 euros and to 200 euros for pensions up to 1,600 euros. Pensions from 1,600 euros to 2,000 euros, with an allowance of 150 euros, may also be included in this scenario.
3.A new scale of pensions and allowances should be formed, so that pensioners with up to 1,000 euros of pensions will be strengthened more and those with more than 1,000 euros will receive a smaller allowance. In this case, the allowance of the first scale can reach 450 euros and the next two can be with amounts of 250 euros and 150 euros.
Which pensioners will also get a personal difference allowance in December
| Years of insurance | Pension 2023 (national +remunerative) | personal difference 2023 | Pension 2024 with 3% increase | Balance of personal difference | Total 2024 | Personal difference allowance | ||
| Government pensioners | 27-30 | 809 € | 159 € | 833 € | 135 € | 968 € | ||
| 150 € | 30-33 | 924 € | 189 € | 952 € | 161 € | 1.113 € | ||
| 100 € | 33-35 | 1.051 € | 150 € | 1.083 € | 118 € | 1.201 € | ||
| 100 € | 35-37 | 1.131 € | 106 € | 1.165 € | 72 € | 1.237 € | ||
| 100 € | ||||||||
| Pensioners of other funds (ETAA, Banks, DEKO, NAT, etc.) | 27-30 | 938 € | 128 € | 966 € | 100 € | 1.066 € | ||
| 150 € | 27-30 | 946 € | 110 € | 974 € | 82 € | 1.056 € | ||
| 150 € | 30-33 | 943 € | 141 € | 971 € | 113 € | 1.084 € | ||
| 150 € | 30-33 | 1.069 € | 105 € | 1.101 € | 73 € | 1.174 € | ||
| 100 € | 33-35 | 1.030 € | 130 € | 1.061 € | 99 € | 1.160 € | ||
100 €
* As long as the same criteria as last year’s allowance apply. Pension amounts before tax.
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