Whatever multiple invoices say about payments, beneficiaries, and amounts

Retirees who did not receive a 7.75% increase in January or less than 7% will receive a one-time personal difference allowance, as this is the result of a multi-act bill submitted to Parliament.

It is noted that the amounts that the beneficiaries will receive from the allowance will be 200 euros / 250 euros / 300 euros. It is about 1 million eE.FKA pensioners who did not receive an increase (about 850 thousand of their monthly pension) or received an increase of less than 7% (about 250 thousand).

About 100,000 pensioners not included, however, had high incomes (more than 1,600 euros per month or more than 1,100 euros per month, but an increase of more than 3.5%), and benefited greatly from the abolition of the solidarity tax.

It is also indicated that the allowance will be paid until March 31, 2023.

Analytically:

Article 80, titled “Protection of Pensions from Inflation in 2022,” reads as follows:

1. An exceptional one-time financial aid is granted to retirees from the Electronic National Social Security Agency (e-EFKA), who received a main pension for old age, disability or death in December 2022.

2- The value of the extraordinary financial assistance is:

a) To a retiree from eE.FKA, to whom the main old-age, disability or death pension was paid in March 2023 with a cumulative net pre-tax total of €1,100:

• to €300, as long as the net pre-tax amount of the main pension, of any class, in the month of March 2023 is equal to or less than the net amount of the pre-tax main pension, of any class, in the month of December 2022,
• to €250, if the net pre-tax amount of the main pensions, of any category, in March 2023 was 0.01% to 3.49% greater than the net pre-tax amount of the main pensions, of any category in December 2022,
• to €200, if the net pre-tax amount of main pensions, of any class, in March 2023 is 3.5% to 6.99% greater than the net pre-tax amount of main pensions, of any class, in December 2022.

b) To a retiree from eE.FKA, to whom the main old-age, disability or death pension was paid in March 2023 with a cumulative net gross before tax of € 1,100.01 up to € 1,600:

• to 250 euros, if The net pre-tax amount of main pensions, of any class, in March 2023 is equal to or less than the net pre-tax amount of main pensions, of any class, in December 2022;
• to €200, if the net pre-tax amount of main pensions, of any class, in March 2023 is 0.01% to 3.49% greater than the net pre-tax amount of main pensions, of any class, in December 2022.

3- One-time exceptional financial assistance:

• Payable until March 31, 2023
• They are tax-exempt, non-assignable and non-forfeitable, in the hands of the public or third parties, notwithstanding any other provision to the contrary, they are not binding and not set-off against certain debts of the tax administration and the public at large, legal entities under common law, and institutions of government and their legal entities, insurance funds or credit institutions and are not counted in the income limits for the payment of any benefit of a social or welfare nature,
• not subject to any fee, contribution, or other withholding in favor of the state or e-EFKA,
• It burdens e-EFKA, after adjusting its budget, using its cash reserves.

4. By a decision of the Minister of Labor and Social Affairs, the procedures for paying the exceptional one-time financial aid can be determined, as well as any other details necessary for its implementation.