Average pension levels in Greece decline

The mean main pensions successful July were beneath €800 gross, while supplementary pensions besides showed a important decrease, according to information from the Helios system.

This uncovering not lone highlights the request for the abolition of the so-called “personal difference” already announced, but besides underscores the necessity of continuous monitoring of the κοινωνικά information system to guarantee the adequacy of pensions.

It besides explains why the percent of pensioners astatine hazard of poorness aft receiving benefits and pensions (social transfers), according to the astir caller information from the Hellenic Statistical Authority (ELSTAT) for 2024 (income 2023), amounts to 13.6% of the total population.

In fact, the situation appears to beryllium worsening each year, arsenic some information from the Helios system of the Ministry of Labor and ELSTAT bespeak that the income situation of pensioners is deteriorating dramatically.

The aging population, the consequences of the decade-long fiscal crisis, and the bailout policies implemented to code it – such arsenic the 2016 Katrougalos Law – combined with precocious unemployment successful erstwhile years, debased salaries successful some the backstage and nationalist sectors, and a comparatively shallow and flexible labour market, person pushed pensions successful Greece to peculiarly debased levels.

Beyond the evident contented of debased salaries and consequently debased pensionable earnings, successful caller years astir 200,000 radical person retired annually with pensions calculated under the Katrougalos Law. The law’s peculiarly debased replacement rates person resulted successful correspondingly debased pension levels.

Specifically, information from the Helios system amusement that successful July 2025 the mean main pension amounted to €783 gross, compared with €821.99 gross a year ago. In June 2025, it was €843.63, while successful July 2023 it was beneath €800 (€790.57 gross). Since the opening of 2023, pensions person accrued cumulatively by 13.25%, but this summation has applied lone to those without a idiosyncratic difference.

Even lower, astatine €776.12 gross, were the caller main pensions issued by EFKA successful July, with the Helios system again highlighting the important discrepancy betwixt caller pensions successful the backstage assemblage (€776.12 gross) and the nationalist assemblage (€1,226.74).

A akin downward trend is observed successful supplementary pensions, which bash not summation successful parallel with main pensions. This year successful July, they fell to €178.51 from €196.59 successful June and €196.89 successful July 2024.