Reduction of the accumulated applications for the awarding of pending supplementary pensions is the next bet pursued by EFKA, which simplifies the conditions and sets a deadline of three to six months in order to grant the pension.
With its recent circular, the fund implements the provisions of Law 5078/2023 (Georgiadis Law). Thus, the possibility is given to insured persons whose application was rejected because they did not meet the conditions to receive a supplementary pension with successive insurance, to come back by submitting a new application as long as they have at least 15 years of insurance in similar or different funds.
Who is entitled to supplementary pensions?
Insured persons of all funds are entitled to a supplementary old-age pension if they have completed 4,500 days of work or 15 years of work and have been entitled to a pension for the same reason from the main institution.
In cases where the supplementary insurance period spent has been carried out exclusively in supplementary funds that joined the EFKA, the supplementary insurance will be issued by the body, sector or account to which the application has been submitted, as long as the insured has a total of 15 years of supplementary insurance.
If there is insurance in an occupational fund, this time is included to complete the required 15 years and the pension is issued with provisions for successive insurance.
EFKA: Faster performance
The acceleration concerns all applications for the issuance of supplementary pension that were pending until 12/19/2023, as well as applications issued after Law 5078/2023, i.e. applications submitted from 12/20/2023 onwards.
Excluded from the 15-year condition and may receive an auxiliary pension with fewer years of insurance are Mayors and Prefects, those insured under the TADKY (e.g. foundation with Heavy & Unhealthy stamps), retirees due to severe disability, (with the provisions of Law 612/1977) and insured persons who have established a pension right and receive a main pension with an insurance period of less than 15 years.
For the pension cases in which decisions have been issued to recognize insurance time that, at the entry into force of Law 5078/2023, the legal deadline for payment of the buy-out amount has not passed and the condition of 4,500 working days is met, an approving decision awarding a supplementary pension is issued with the financial results to refer to the original application.
For pension cases in which decisions have been issued to recognize insurance time that, at the entry into force of Law 5078/2023, the legal deadline for payment of the redemption amount stated in the decision has passed in order to issue a decision to award a supplementary pension, a new application must be submitted, the financial results start from the date of the new application.
It should be noted that applications for which no decision has been issued within 50 days from the submission of the application to the competent agency and the submission or collection of all the required supporting documents, certificates and data from the pension file after a period of time are considered to have been implicitly rejected. 3 to 6 months.
Pending
In the first half of 2024, 92,500 applications were pending for the award of a supplementary pension at a cost of 160 million euros. Of these, 74,500 had exceeded the 3-month period within which payment decisions should have been issued and were added to the overdue supplementary pensions that were unpaid.
Out of the stock of 74,500 supplementary pensions, 44,000 had the prospect of being issued, as the rest either could not be issued because the decision on the main pension, which is a condition for the granting of the supplementary pension, had not been issued, or belonged to difficult cases with insufficient supporting documents, consecutive insurance etc.
The remaining 18,000 applications from the total backlog were pending for less than 3 months and were not considered overdue.
Source OT
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