early retirement
Economy
250,000 Pension Applications are Frozen in Greece
The list of retired employees who have applied for pension is getting bigger each day reaching 250,000 applications, while the waiting period may reach up to five years for supplementary pensions.
Applications are frozen because pension legislation is pending, while...
Greece
Employed Greeks Rush for Early Retirement
Employed Greeks who belonged to special state and bank retirement funds rushed to retire early now that all security funds have been incorporated to the Social Security Fund (IKA).
Figures from Helios -- the Labor Ministry database -- show that...
Greece
75% of Greek Pensioners Enjoy Early Retirement
Three out of four public sector and Social Security Fund (IKA) pensioners in Greece are opting for early retirement. This situation has caused the country’s pension system to become unsustainable.
On Wednesday, Greek Labor Minister Yiannis Vroutsis presented data to the parliament, explaining that...
Greece
Teacher Set Kymi School on Fire
The news that it was a 49 year-old teacher at the primary school in Kymi , Greece, who set the school on fire on April 4, has come as a shock to the local community. Reportedly, the reason was because...