Greece plans pension reforms and benefit adjustments for 2027

The Greek government is preparing a series of pension-related reforms and interventions aimed at implementation by 2027. Key measures under consideration include the reform of the Retiree Solidarity Contribution (EAS). Currently, this contribution is applied to the total pension amount, but a new progressive model is being studied where the levy would only apply to the portion of the pension exceeding 1,468 euros.

Additionally, the government is evaluating changes to the calculation of lump-sum benefits (efapax). The Ministry of Labour aims to address discrepancies caused by the dual calculation system in place since 2014, which treats insurance periods before and after that year differently. The goal is to create a more direct link between insurance contributions and the final benefit.

Other proposed measures include potential increases to the annual November bonus—with scenarios ranging from maintaining the 300 euro amount for more recipients to increasing it up to 446.87 euros—and a projected 2.6% annual pension increase starting January 1, 2027. The government also plans to address the 'personal difference' issue, which could allow approximately 671,586 retirees to receive their full annual increase by 2027.