Double summer retrospective

Double summer retrospective

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Retroactive payments from pending recalculations EFKA plans pensions for thousands of pensioners for the immediate future, while the important decision of the Supreme Court Special is expected in the summer, related to the gifts and the leave allowance of pensioners for the period 2013-2018.

A retroactive package from pending recalculations of pensions, about approximately 12,000 pensioners from Bank Funds and former DEKO (National, Olympic, Ioniki, OTE), is scheduled to be paid to EFKA within July.

According to EFKA circles, the retroactive amount from pending recalculations of pensions exceeds 13,000 euros, while in cases of retroactive recalculated DEKO-bank pensions, the amount reaches 20,000 euros. There are over 50,000 pensions in the recalculation queue that have not been recalculated or have been recalculated but have the wrong amount and the recalculations are repeated on a regular basis.

Recalculation of pensions

It is emphasized that the process of correct recalculation of EFKA pensions is ongoing, although it has already been completed for many pensioners.

In detail, in November 2023, the correction of the regular calculation was completed for the majority of retired former employees of the former Olympic Aviation, who, depending on their specialty, paid additional contributions. For this category in March 2024, retroactive amounts of the correct calculation are paid. Payment of retroactive recalculations is pending for a portion of this category.

  • In April 2024 the retroactive amounts were paid, following the correct recalculation for pensioners of the former ISAP.
  • In May 2024 retroactive amounts were paid in the correct calculation to former TSP-ATE pensioners and in June 2024 for former TAPILT pensioners.
  • For retired NPDD employees, the retroactive amounts of the correct calculation were paid in April 2024 and May 2024, for the insurance period they paid, under the current legislative regime, contributions higher than those provided by the unified regime in IKA -ETAM.
  • In June 2024, the retroactive amount of the correct calculation was paid to 7,002 pensioners of the former TAP-OTE with an average amount of 607 euros. Pending payment of retroactive recalculations for a portion of this category, which will be checked by the former body with the physical file.

At the same time, the correct calculation of the pensions of the former TSP-ETE is in the control stage and the payment of the portion of all pensioners will be launched in the following days.

From gifts and allowances to pensions

At the same time, retroactive payments to 370,000 pensioners with an amount of up to 4,000 euros – related to gifts and leave allowances to pensioners for the period 2013-2018 – will be granted once the Court Supreme Special Court (AED) will issue a positive decision for the labor fighters. The discussion of the AED case took place on April 17, 2024 and the relevant decision is expected to be issued in the summer. If the decision of the AED is issued in favor of the pensioners, it will reaffirm the three decisions issued by the Council of State (StE) in 2015, 2019 and 2021, where it decided that the pensioners have the right of refunds from the cuts imposed on them during the 11 months between June 2015 – May 2016, in the main and auxiliary pensions, as well as gifts.

Finally, it should be noted that the management of EFKA established a working group, the Establishment of a Working Group, with the purpose of managing and processing all types of new and pending cases of retired insured persons. person of all the former Funds (IKA, OGA, OAEE, TAP-OTE, Banks, and others .etc.), filed in the Administrative Courts and concern the main and auxiliary pensions, the EFKA administration decided. The task of the Working Group is to give opinions on the actions of pensioners insured by all former Social Security Agencies (IKA, OGA, OAEE, TAPOTE, Banks, etc., which participated in EFKA), which are and the Administrative. Courts and about primary and auxiliary pensions. Cases regarding memorandum deductions will be signed by the General Directorate of Financial Services, while cases regarding the recalculation of pensions in accordance with Law 4387/2016 will be signed by the General Directorate of Pensions.

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