Before Christmas, January 2025 pensions will be paid to eligible pensioners in two installments to facilitate before the holidays.
Earlier, for another year, the main payments and January pension aids will be made, to enable the 4.1 million. retirees take a financial “breather” before the holidays.
In particular, thay will start on Friday, December 20, when the main pensions will be paid from the former self-employed funds. Also, on Monday, December 23, the pensions of the former Employee Funds will be paid, and also the main pensions and the auxiliary State pensions.
– On Friday, December 20, 2024, the main pensions will be paid from the OAEE, OGA and ETAA funds that are not employees, the main pensions awarded since the establishment of the EFKA and after, by Law 4387/2016, through the OPS. -EFKA (retired & unemployed employees from 1.1.2017 onwards) and all private sector supplementary pensions (Unemployed and Employed).
– On Monday, December 23, 2024, the principal pensions of the former Employee Funds will be paid [ΙΚΑ-ΕΤΑΜ, τραπεζών, ΟΤΕ, ΔΕΗ, ΛΟΙΠΩΝ ΕΝΤΑΣΣΟΜΕΝΩΝ (ΤΣΕΑΠΓΣΟ, ΤΣΠ-ΗΣΑΠ), ΝΑΤ, ΕΤΑΤ και ΕΤΑΠ-ΜΜΕ] as well as the main and auxiliary pensions of the state.
Payments of the e-EFKA main pension and auxiliary pensions for the month of January 2025 for the 2.4 million unemployed will be made on Friday 20 December.
EFKA pensions will be paid to those retired (Employed & Unemployed) from 1.1.2017 onwards (Law 4387/2016) Friday 20 December
Payments of the e-EFKA main pension and auxiliary pensions for the month of January 2025 for the 1.7 million employees will be made on Monday, December 23, 2024
Provisional pensions for the Armed Forces, Security Forces and Fire Brigade will be paid on Monday 23 December
Source: protothema
What are the specific eligibility criteria for receiving the dual pension payments in December 2024?
interview with Pension Expert: Insights on the Upcoming Pension Payments in December 2024
Editor,Time.news: Today, we have the pleasure of speaking with Dr. Maria Stavros, a pension policy expert, who will shed light on the significant pension payments scheduled before the holidays.dr. Stavros,thank you for joining us.
Q1: dr. Stavros, can you explain the upcoming changes in pension payments scheduled for December 2024?
Dr. stavros: certainly! In December 2024, eligible pensioners will receive their pensions in two installments before Christmas. the primary goal of this approach is to ease the financial burden on 4.1 million retirees as they prepare for the holiday season. The payments will kick off on December 20,when pensions from various fund categories,including the self-employed,will be distributed. The following Monday,December 23,will see the disbursement of pensions from former employee funds,alongside the state’s main and auxiliary pensions.
Q2: What can retirees anticipate in terms of specific pension types and schedules?
Dr. Stavros: Great question! On December 20,we can expect to see payments from the OAEE,OGA,and ETAA funds,specifically for those who have retired from non-employee categories.It is also crucial to note that this includes private sector supplementary pensions for both unemployed and employed individuals. The subsequent payments on December 23 will cover the principal pensions from employee funds such as IKA-ETAM and others, including those for the Armed forces and Fire Brigade. Collectively, this structured payment distribution is designed to provide timely financial support to retirees.
Q3: Why is this arrangement being implemented now,and what are its broader implications for retirees?
Dr. Stavros: The decision to implement this dual-payment strategy is fundamentally about enhancing the financial stability of retirees during the holiday season. With increased expenses around Christmas,this advance in pension payments allows elderly citizens to manage their finances more effectively. The reform is part of a broader effort to modernize pension disbursement, ensuring that retirees can enjoy their holidays without the added stress of financial uncertainty.
Q4: There are mentions of law changes and qualifying dates. Can you explain their meaning?
Dr. Stavros: Yes, the legal framework is crucial here. The pensions being paid out were established under Law 4387/2016, which restructured various pension systems in Greece. By specifying qualifying dates such as January 1, 2017, it delineates which retirees are eligible for these specific pension schemes. The implications here are significant; they facilitate a smoother, more obvious payment process for those who fall under the newer regulations.
Q5: for readers who may not be familiar with the pension structure, what advice can you offer on managing these payments?
Dr. Stavros: I recommend that retirees review their individual pension plans and understand the payment timelines associated with their funds. It’s also beneficial to create a budget that accommodates holiday spending while remaining aware of incoming funds. Those who might face difficulties should consider reaching out to financial advisors or local pension offices for assistance, ensuring they can maximize their financial wellbeing during this festive period.
Editor, Time.news: Thank you, Dr. Stavros, for your valuable insights on the upcoming pension payments and their impact on our retirees.This details is sure to serve our readers well as they prepare for the holidays.