Athens Macedonian News Agency: News in English, 16-08-17
CONTENTS
[01] Labour minister: 80 pct of pensioners will see no changes in
September's pensions
[01] Labour minister: 80 pct of pensioners will see no changes in
September's pensions
The vast majority of pensioners will not see any changes to their
pensions as of September, Labour Minister Giorgos Katrougalos said on
Wednesday in an interview with Athens-Macedonian news agency.
The minister was responding to criticism by political parties that
pensioners are in for a shock as of September, as their pensions will
suffer further cuts.
"As I have said, the truth is in the ATMs – neither in statements,
nor in misinformation. So 80 percent of pensioners will not see any
changes at the ATMs in September," Katrougalos said.
"Those who receive one main and only one supplementary pension might
see some extra euros because the retention rate for health will be
on the actual amount paid into the pensioner's pocket and not on the
virtual [income] calculated before the bailout cuts were applied, as
was previously the case," he added.
He said the remaining 20 percent of pensioners will see an 8-10 percent
cut in their supplementary pension.
The minister also explained that in August there was a recalculation of
mainly public sector pensions which affected slightly over 20 percent
of supplementary pensions and resulted in 8-10 percent cuts. The same
recalculation will be done for pensions of the IKA-ETAM pension fund in
September, he added.
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