Retrospectives of the EFKA to double pensioners, to those insured with parallel insurance contributions, as well as to those who had more than 30 years of insurance and their pension was recalculated with the new replacement rates of the Vroutsi Law (law 4670/2020).
These are the “lucky” ones who will see retroactive payment at the end of October, while the decision of the Supreme Special Court, concerning the claims of approximately 370,000 pensioners, for cuts in gifts of main and auxiliary pensions for the period June 2015 – May, remains pending. 2016.
At the end of the month, double pensioners (eg old age pension and death pension), as well as those who had parallel insurance during their working life, will receive retroactive benefits of up to 48 months. To the beneficiaries, those who had more than 30 years of insurance and paid high insurance contributions and come from the public and private sectors should also be added.
In all these cases, within the recalculation process, the pensioners received the new, higher pensions they were entitled to.
Especially for the cases of their recalculation with the improved replacement rates of the Vroutsi Law (n.46670/2020) from 30 years of insurance and above, the new pensions have been formed since last November but the pensioners only got the increase without the retroactive ones that arrive the 48 months, as the law’s improvements to replacement rates take effect from October 2019.
Retrospective and EFKA
EFKA is settling this pending issue now and in the next few days the 30,000 pensioners will be paid their retroactive dues.
Beneficiaries include old-age pensioners with successive insurance (e.g. IKA and Public), pensioners who continued or took up work after retirement, as well as pensioners with parallel insurance in public and TSAU, Public and TSMEDE, etc.
The recalculation with the replenishment rates of Law 4670/2020 is more favorable for those who have 30 years of insurance or more compared to the rates that were in force under the Katrougaklou Law (Law 4387/2016).
At 35 years, the Katrougalou law gave a replacement rate of 33.81% and the Vroutsis law 37.31%. With 40 years of insurance, the replacement rate under the Vroutsi law increased to 50.01% from 42.80% under the Katrougalou law.
The decision on retrospectives
In the meantime, a long-term legal battle is entering the final stretch, concerning pension cuts during the period of the financial crisis, as well as the right to return to pensioners – a part – of these cuts. In the next period, the decision of the Supreme Special Court is expected to be issued, which will decide whether the 370,000 pensioners who have appealed to the Court, will immediately receive their 13th and 14th pensions (the Christmas – Easter gifts – summer allowance), as well as the cuts in the supplementary the pensioners.
The decision will only concern the eleven months June 2015 – May 2016 and not the entire period for which they have appealed.
The total cost of a similar decision reaches 500 million euros. However, if the government decides to extend its application to all pensioners (2,500,000), the cost of performance of retroactives jumps to 2.5 billion euros.
The matter was brought to the Supreme Special Court after the different – conflicting decisions of the two supreme courts (Supreme Court and Council of State) which related to the eleven months June 2015 – May 2016 and not to the total period for which the pensioners have appealed.
Source: ot.gr
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