In order to make savings of approximately €300 million, the Greek government is considering revising retirement age limits for all those who are entitled to an early pension, according to newspaper Kathimerini, which cited finance ministry sources.
The new plan concerns all those having entered the labour market before 1983 and those who entered it before 1992, two groups which fall into distinct categories under the Greek social security system. All Greeks are obliged to pay social security contributions to a state-sanctioned healthcare and pension fund.
The government is also considering raising the age limit for those who up to now had secured the option for early retirement, based on the number of years worked. These include mothers of underage children, workers in hazardous professions and civil servants who have completed 25 years in government service.
It all comes down to the government planning interventions in the early retirements regime, as to abolish exceptions to the generals rules, finance ministry sources reportedly told Kathimerini.
Minister for labor Yannis Vroutsis informed a parliamentary committee that there would be no cuts in pensions. He did not say anything about age limits.