Four new measures beyond the Personal Difference Allowance will be implemented, from 1 January 2024, to support pensioners.
Retirees will see increases in amounts Which they will receive as of January 1, 2024, for the second year in a row, as a result of the positive trend of the Greek economy.
The increase is estimated to range from 3% to 3.5% because it is indicative of inflation and growth.
Analytically:
Increases from 1.1.2024: 3%
Will appear: end of December 2023
Pocket increase: 1,900,000 retirees
Personal difference allowance: 100 – 200 euros
It concerns 750,000 retirees (instead of 1,112,000)
*Personal difference: more than 10 euros
* Monthly pension: up to 1,600 euros
*Payment: end of December
Total main pensions:
Up to €700: €200 allowance
€700.1 – €1100: allowance of €150
€1,100.1 – €1,600: €100 allowance
What benefits will the card offer?
Exclusively via direct debit cards:
* Benefit of the child
*Maternity allowance
*Unemployment benefit
* Disabled – social care
* Minimum guaranteed income
*grown ups
Excluded:
*Rent allowance
* Red loan allowance
What does the “thaw” bring during the three years?
The three-year plan stipulates the following:
- Re-increasing the legal minimum wage with a seniority allowance (three years) for both employees and craftsmen, as of 01.01.2024
- Lifting the suspension of the validity of provisions of collective labor agreements and arbitration awards, which currently provide or will provide for future increases in seniority (three-year, five-year and general multi-year employment benefits)
- Recognition, in order to calculate the seniority allowance, of working time spent before 14.02.2012 as well as that to be spent after 01.01.2024 (and not a retrospective search for the years intervening for the period from 14.02.2012 to 31.12.2012). 2023)
- Established as of 01.01.2024 to require payment of seniority allowance at the statutory minimum salary and multi-year bonuses for collective labor agreements.
The three-year period “unfreezes” as of 1/1/2024
That is, the seniority allowance is restored at a rate of 10% every three years
It was “frozen” in February 2012
It can achieve an increase of up to 30%
There is no retroactive effect
It is mandatory for all employers to pay seniority allowance
2 main categories
Employees who entered the labor market after 2/14/2012 -> will begin to “build” their seniority as of 1/1/2024
Workers who entered the labor market before 2/14/2012 -> begin to complete the remaining period from 1/1/2024
Example 1 – An employee with a minimum wage of €780 was hired on 9/14/2003
Previous experience: 8 years and 5 months until 2/14/2012
As of 1/1/2024, the three-year period “unfreezes.”
On 1/8/2024 he completed his third three-year term -> +30% (€234) of his salary
New salary: 1,014 euros
Example 2 – An employee with a salary of at least 780 euros and was appointed on 1/5/2006
Seniority: 5 years, 9 months and 13 days as of 2/14/2012
As of 1/1/2024, the three-year period “unfreezes.”
On 3/1/2024 he completed his second three-year term -> +20% (€156) of his salary
New salary: 936 euros
Example 3 – An employee with a salary of at least 780 euros and was hired on 10/1/2020
Until 12/31/2023: Seniority: 3 years and 3 months
As of 1/1/2024, the three-year period “unfreezes.”
On 1/1/2027 he will complete his first three years -> +10% (+78 euros) in his salary New salary: 858 euros
Example 4 – The wages of a cook are paid from the Sectoral Social Security Fund for Hotel and Employment Employees 10/1/2005
As of 12/31/2023: Basic salary €911.34 + multi-year allowance €33.6 = €944.94
On 17/8/2024: basic 956.91 euros + multi-year allowance 39.2 euros = 996.11 euros
So, +51.17 euros or 5.4%
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