EFKA: A barrage of benefits for retirees until the end of March – when and how the fringe benefits will be paid

Tomorrow Friday (24/2), the last day for March pension payments, the 7.75% increase for January 2023 will be paid retroactively to eligible retirees, with a lump sum payment, announced the press representative of EFKA, Omiros Tsapalos.

Mr Tsabalos indicated that the personal difference allowance, which would be given to the 1,112,000 retirees who did not receive a 7.75% increase, would be approximately €200 to €300 and would be paid by March 31.

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Regarding pending fringe benefits, an EFKA representative, speaking on Sky Radio, indicated that until March 15 retroactive amounts of €100 (50 in case of widowhood or disability) for each month of delay will be granted to around 40,000 insured persons. On average, this relates to fringe benefits pending since 2019, he said, but there are some pending benefits, such as the Metals Fund pending since 2012, so those beneficiaries will see up to €15,000 in their accounts.

Mr. Tsabalos explained that recipients do not need to submit any application, but it would be a good idea to verify EFKA’s valid iBAN declaration so that payment can be made.

Finally, he added that by the end of the month, 40,000 beneficiaries will have finally received their supplementary allowances. He indicated that in January, 15,000 supplementary permits were finally issued, and by the end of February, 25,000 additional permits will be issued.