EFKA implements pension deductions for non-compliant self-employed pensioners

Under Law 5078/2023, the landscape for working pensioners in Greece has undergone significant reform. The law abolished the previous 30% reduction in main and supplementary pensions, encouraging legal employment among the elderly.

However, EFKA has implemented a strict compliance mechanism. While salaried employees have their 10% contributions withheld at the source by employers, self-employed and autonomous pensioners face different risks. According to EFKA circular 36/2024, if a self-employed pensioner fails to pay their insurance contributions for more than two months, EFKA is authorized to automatically deduct the outstanding debts directly from their monthly pension. This mechanism ensures compliance but can result in a significant reduction of the monthly pension amount if obligations are not met.