Alternative title. Warren supplementary pensions!
Just yesterday the government proposition was prepared to discontinue providing EKAS to save the auxiliary. A little later, however, IMF changed his opinion and institutions seeking to close the deficit of 700 million euro Single Auxiliary Pension Fund (EBRD) solely with supplementary pension cuts.
Late last night, at the offices of parties in Parliament announced that today’s evening plenary canceled because Mr Tsipras will be in Paris to meet with Hollande. A little later, “burst” the news that the government intends to bring two laws. Insurance and tax bill– even if it is unilateral action, such as the IMF characterizes – besides Mrs Lagarde announced that the Greek economy is extremely unstable. The two Laws are voted till Friday before Easter and the leadership of the Ministry of Labor will try to close till Friday all open fronts with the representatives of the creditors with full quantification of all interventions.
The mix of interventions includes reductions in supplementary pensions 1.2 million in dividends and one-off and probably faster reduction of EKAS beneficiaries.
At the same time, reductions in supplementary pensions, according to the proposal of the leadership of the Labor Ministry, which as Mr. Katrougalos consider lenders, will be combined with an increase in contributions and use of property Single Supplementary Insurance Fund.
Cuts in supplementary pensions are expected to reach amount 300-350 million euro, while according to the Labor Minister, will affect 10% of all pensioners, approximately 260,000 insured.
Under the so far evidence, there will be protection of beneficiaries receiving a total of pensions, main and auxiliary, amount 1,300 euros. “No supplementary pension pensioner with middle or small income will be reduced,” As Mr Katrougalos noted.
Labour Minister refers to EKAS clarified that the phasing of the abolition envisaged in the Memorandum, and has been voted by ND, PASOK and River, but did not mention whether the reduction in the number of beneficiaries will be faster in order to fill any financial gaps.
Even among structural changes proposed are a new scale with replacement rates of new master pensions in some cases, especially high-paying, will bring reductions of up to 30% compared with pensions paid today.
If recalculate the pensions paid on the new scale, pension expenditure would be cut by 2 billion euro.