Σταδιακή μείωση του μεριδίου της δημόσιας συνταξιοδοτικής δαπάνης, όπου το κόστος της ετήσιας κρατικής επιχορήγησης παραμένει συστηματικά υψηλότερο του μέσου όρου της ΕΕ, κατά τουλάχιστον 4% του ΑΕΠ. Πάγωμα συντάξεων έως το 2022 και αναπροσαρμογή τους με βάση τον πληθωρισμό και το ΑΕΠ, ή κάποιον ανάλογο μηχανισμό.

1/3/2023

The report of the Pissarides committee proposes:

A gradual reduction in the share of public pension expenditure, where the cost of the annual state grant remains systematically higher than the EU average, by at least 4% of GDP. Freezing pensions until 2022 and adjusting them based on inflation and GDP, or some similar mechanism.

PARTIALLY IMPLEMENTED

Evaluation

According to the provisions of Law 4387/2016 (article 14) the pension is linked to the rate of change of the GDP and the CPI and is adjusted every three years (1/1/2017, 1/1/2020, 1/1/2023) .

According to Eurostat data, the amount of pension expenditure as a percentage of GDP in 2019 was 13.2% and in 2020 it was 14.5%.

According to the 2023 Budget Advisory Report (p. 97) the financing of pension expenditure from the state budget in 2021 reached 16.4%, while in 2022 it is estimated at 14.4% and in 2023 it is predicted at 14.2% of GDP.

Therefore, the proposal is assessed as partially implemented as after the pandemic the financing of pension expenditure from the state budget decreases, as is expected to happen with the amount of pension expenditure as a percentage of GDP, while pensions are linked to the rate of change of GDP and of the CPI from an earlier law.

Sources

Law 4387/201685 A'/ 12.05.2016 Eurostat SPR_EXP_PENS Indicative Report of the 2023 Budget