{"id":306835,"date":"2025-11-25T22:44:12","date_gmt":"2025-11-25T22:44:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/306835\/"},"modified":"2025-11-25T22:44:12","modified_gmt":"2025-11-25T22:44:12","slug":"over-60-of-pensioners-in-greece-receive-less-than-e1000","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/306835\/","title":{"rendered":"Over 60% of Pensioners in Greece Receive Less Than \u20ac1,000"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-465667 size-full\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/11\/GREECE-PENSIONERS-PROTESTS.jpg\" alt=\"Pensioners Greece\" width=\"800\" height=\"533\"  \/>Pensioners campaign for a raise. File photo. Credit: AMNA<\/p>\n<p>Data from the \u201cIlios\u201d pension system for September confirms the severe financial pressure on Greek pensioners, revealing that nearly six out of every ten (58.75%) main retirement pensions are paid at an amount less than \u20ac1,000 (approx. $1,080) per month.<\/p>\n<p>The figures, analyzed by the Greek financial daily Naftemboriki, underscore the <a href=\"https:\/\/greekreporter.com\/2025\/05\/14\/greek-population-decline-pension-sustainability\/\" rel=\"nofollow noopener\" target=\"_blank\">size of the challenge<\/a> facing retirees, particularly those entering the system from the private sector.<\/p>\n<p>Pension disparity: Private vs. public sector<\/p>\n<p>The report highlights a significant disparity between new pensions from the public and private sectors, illustrating the impact of prolonged high unemployment and low wages in the private economy.<\/p>\n<p>The Overall Average Main Pension across all categories stood at \u20ac845.22 (approx. $912.84) in September.<\/p>\n<p>New Private Sector Pensions average significantly lower at \u20ac770.23 (approx. $831.85).<\/p>\n<p>In contrast, New Public Sector Pensions averaged \u20ac1,359.55 (approx. $1,468.31).<\/p>\n<p>This created a substantial gap of \u20ac589.32 (approx. $636.46) between the average new public and private sector main pensions. Specifically, 1,143,782 main retirement pensions\u2014representing 58.75% of the total\u2014were below \u20ac1,000 (approx. $1,080) gross.<\/p>\n<p>Pensioner population and demographics in Greece<\/p>\n<p>The number of pensioners in <a href=\"https:\/\/greekreporter.com\/greece\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Greece\" target=\"_blank\" rel=\"noopener nofollow\">Greece<\/a> <a href=\"https:\/\/greekreporter.com\/2024\/09\/07\/greece-pensioners-working-europe\/\" rel=\"nofollow noopener\" target=\"_blank\">continues to show a steady upward trend<\/a>, both monthly and annually.<\/p>\n<p>The total number of pensioners reached 2,517,412 in September, a rise of 20,292 compared to September 2024.<\/p>\n<p>Of the 1,932,225 recipients of at least one main retirement pension, 53.27% are men. However, women account for the overwhelming majority of death\/survivor pensions, at 90.95% of the total.<\/p>\n<p>More than half of the country\u2019s pensioners (54.4%) fall within the 66 to 80 age bracket. The largest single group is the 71\u201375 age bracket.<\/p>\n<p>The highest average pension income (\u20ac1,131.02 \/ approx. $1,221.50) is paradoxically received by the younger pensioner cohort aged 61\u201365 years.<\/p>\n<p>Related:\u00a0<a title=\"Greek Pension Crisis Deepens: Average Pensions Fall Below \u20ac800\" href=\"https:\/\/greekreporter.com\/2025\/09\/12\/greek-average-pension-fall-below-e800\/\" rel=\"bookmark nofollow noopener\" target=\"_blank\">Greek Pension Crisis Deepens: Average Pensions Fall Below \u20ac800<\/a><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Pensioners campaign for a raise. File photo. Credit: AMNA Data from the \u201cIlios\u201d pension system for September confirms&hellip;\n","protected":false},"author":2,"featured_media":306836,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,133,131,132],"class_list":{"0":"post-306835","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/306835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=306835"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/306835\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/306836"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=306835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=306835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=306835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}