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At the same time, it is noted that in September payments for increases are expected retroactively, in accordance with the Vroutsis law (in main and auxiliary pensions), while for retroactive payments of former retirees the picture will become clear after it is issued. the CoE decision in June. Details:
-Very retroactively (CoE Decision)
They refer to the old retirees, that is, those who retired before the Katrougalos law (2016). The decision of the Supreme Court (CoC) is expected to be issued in June. The information from the parties affirms that the thoughts that currently prevail in the Supreme Court point in the direction of justification for 11 months between the relevant previous decision of the CoE Plenary Session (June 2015) and the enactment of the Katrougalos law. (May 2016). ) In any case, however, everything will be clarified in the final stage with the publication of the decision that is called to answer if they are entitled if pensioners are entitled retroactively from the old cuts of 2011 and 2012, etc. for how long .Komviko point in the trial is whether retrospective titled pensioners who filed the lawsuit or concerns everyone.
After the CoC decision is issued, the government is expected to decide how the amounts will be paid (if, of course, the decision is positive for retirees) given the budgetary costs.
According to the calculations presented by EFKA to the CoE for the 11-month period alone, the cost reaches 4 billion euros for the principal and the auxiliary and if the decision applies to all retirees, it is assumed that any refund will be made by in 2021 in many deliveries. In addition, it is noted that retroactive amounts reach up to 15,800 euros in the main state pensions, while in other funds retroactive amounts reach up to 8,700 euros with an average of 5,500 euros.
-Auxiliary (Vroutsi Law)
As of October 2019, around 250,000 retirees are entitled to a monthly increase in their supplemental allowance of an average of 100 euros. For the retrospectives that are accumulating, the announcement was that they will be given in a single installment until September. According to a relevant circular, the old auxiliaries that were cut in the summer of 2016 return to the level that was formed on December 31, 2014 retroactively from October 1, 2019.
In particular, in application of Law 4670/2020, it is established that as of 1.10.2019 these complementary pensions, in accordance with the explicit legal provision, continue to be paid in the amount that had been formed in accordance with the provisions in force at 12/31/2014. Therefore, approximately 250,000 supplementary pension beneficiaries will receive an increase of up to 48% in their complementary pensions from October 1, 2019. The average increase will be 99.57 euros per month and in absolute numbers will range between 5 and 196 euros. The increases along with the retroactive from October 1, 2019 will be received by those who had a sum of principal and auxiliary of more than 1,300 euros in the summer of 2016 and saw their auxiliaries then decrease.
Main pensions (Vroutsi Law)
As of October 1, 2019, approximately 185,000 retirees are entitled to an increase in their basic pension, which must be paid in a lump sum to young retirees by May 2016. Beneficiaries are those who have retired with more than 30 years of insurance. Payment is expected to be made in September at the latest. Payment is expected to be made in September at the latest.
In particular, the Vroutsis law (4670/2020) foresees an increase in main pensions and concerns both “old” and “new” ones. The minimum increase is estimated at around 2%, while the maximum is close to 12%. Therefore, the average increase is estimated at around 5% -6% or 70-80 euros / month. More than 100,000 (especially young retirees) will see an improvement in their real earnings, while close to 650,000 (old retirees) will see an improvement, on an accounting level, in their pension. The cost of increases in the main pensions is estimated at around 80 million euros (quarter 2019, 2020).
It is emphasized that those retirees who have left with the provisions of Law 4387/2016 (Katrougalos Law), that is, from 05/13/2016 to 09/30/2019, will receive an increase and retroactive fees.
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