The government expects an explosion of pensions in the coming years, as the scenarios for increasing the retirement exit limits, lead more insured people to apply for retirement.
The effects of the worsening demographic problem are putting back on the table the possibility of raising the general retirement age after 2027. This is pushing those who can afford to leave.
At the same time, the exodus is exacerbated by the possibility – now – given to pensioners to continue working, without losing part of their pension.
The new applications for pensions
According to EFKA’s data so far, pension applications during the first half of the year approached 100,000, while it is estimated that at the end of the year they may reach 230,000 to 250,000 applications.
The figures show that new pension applications reached 99,434 in the first half of the current year, indicative of the increase seen within 2024. The Atlas Report for the period January – June shows that compared to the corresponding period last year, when they had 94,851 were submitted, an increase of 4,583 applications this year (4.6% rate).
The critical role of demographics
In the upward trend, an important role is played by the demographic problem that creates a permanent doubt around the possible increase in the retirement age limits. Despite the fact that the Government has made it clear that the next audit for the insurance system will take place, as planned, in 2027, the climate of a possible increase in the general age limits, however, remains.
Reports that have been made public about the effects of the demographic problem, bring back to the table and in the public debate measures such as the increase of the general retirement limit, the extension of working-insurance life and the reduction of replacement rates. The government “commits” – as far as they are concerned – only for the period until 2027. The statements of competent government actors leave open the possibility that there will be changes after this particular year.
Report of the European Commission
The nightmarish measures for insurance came back to the news with the actuarial study of the National Actuarial Authority, which was used in the corresponding report of the European Commission.
The report basically put on the carpet the ominous demographic developments and their effects. The increase in life expectancy, combined with the limited births and the aging of the population, have as a direct result the increase in the retirement limit. The report mentions for our country the possibility of the statutory retirement age increasing to 67.5 years from the current 62 years – with 40 years of insurance.
In the interim and until 2030, it is proposed to increase the current age limit of 62 years with 40 years of insurance to 63.5 years. At the same time, the general age limit, which is currently 67 years, may reach 68.5 years in 2030 and 72.5 years in 2070.
Source: ot.gr
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