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Greek pensioners to receive 400-euro bonus in November and 2.8 percent increase in December

Greece plans a November bonus and a December pension rise costing nearly 1.7 billion euros.

Sources: Kefalonia Today, Newsit, Ertnews, Naxos Times4 sources ↓|· 1 min read
Greek pensioners to receive 400-euro bonus in November and 2.8 percent increase in December
Photo: Newsit

KEY POINTS

  • The annual bonus rises from 300 to 400 euros and will be paid in November.
  • About 2.2 million people will receive the bonus, costing 879 million euros.
  • Pensions will increase by 2.8 percent from January 1, 2027, affecting about 2.5 million pensioners.
  • The two measures together cost nearly 1.7 billion euros and are in the draft state budget.

Greek pensioners will receive an increased annual financial bonus of 400 euros in November, up from 300 euros last year. The payment will be made net to eligible recipients and covers more categories than before.

The expanded bonus will reach 2.2 million people, including 270,000 additional pensioners and other beneficiaries compared with last year. Its fiscal cost is estimated at 879 million euros.

Eligible groups include all pensioners aged over 65, pensioners over 60 who receive only a widow's pension, people with disabilities regardless of age, and uninsured elderly people.

A second measure will raise pensions by 2.8 percent starting January 1, 2027, with the increase appearing in December payments together with January pensions. The adjustment affects seven categories of pension benefits and thresholds.

The December increase will cover about 2.5 million pensioners. Together, the two interventions have a total fiscal cost approaching 1.7 billion euros and are included in the draft state budget.

The e-EFKA administration proposed paying December pensions on November 25 and 27, depending on the insurance fund, but these dates remain a proposal and not the final official schedule. Funds may appear in accounts from the afternoon of the previous business day, often after 17:00.

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