{"id":54740,"date":"2025-08-08T14:59:04","date_gmt":"2025-08-08T14:59:04","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/54740\/"},"modified":"2025-08-08T14:59:04","modified_gmt":"2025-08-08T14:59:04","slug":"private-sector-pensions-lag-those-of-civil-servants","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/54740\/","title":{"rendered":"Private sector pensions lag those of civil servants"},"content":{"rendered":"<p>                            <img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"600\" class=\"picture-main-block-image\" data-nxsrc=\"https:\/\/www.ekathimerini.com\/wp-content\/uploads\/2024\/05\/eb531f36c8f5a067d33d3d8d91cfb3d3_intime-athens-man-pensioner-walking-reflection-1.jpg\" alt=\"Private sector pensions lag those of civil servants\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/08\/eb531f36c8f5a067d33d3d8d91cfb3d3_intime-athens-man-pensioner-walking-reflection-1-960x600.jpg\"\/><\/p>\n<p>A man walks past a shop in downtown Athens. [Intime News]<\/p>\n<p>The 10-year financial crisis disproportionately hit the incomes of private sector employees compared to those of civil servants.<\/p>\n<p>Greece\u2019s creditors also imposed pension cuts that hit the private sector the hardest. The most recent pensioners have been affected more than the older ones too.<\/p>\n<p>The average monthly pension now stands at \u20ac843.63 pretax and 60% of all pensioners get a monthly pension of \u20ac1,000 or less. But, while the average pension for new private sector pensioners is \u20ac760.16, pretax, that of civil servants is \u20ac1,327.67, which is 74.6% higher.<\/p>\n<p>There is also a disparity between men and women pensioners, with the men\u2019s pensions averaging about \u20ac250 more than women\u2019s.<\/p>\n<p>The crushing austerity imposed on an essentially bankrupt Greece by its creditors at least reduced the number of young full pensioners, with some of them being in their 30s.<\/p>\n","protected":false},"excerpt":{"rendered":"A man walks past a shop in downtown Athens. [Intime News] The 10-year financial crisis disproportionately hit the&hellip;\n","protected":false},"author":2,"featured_media":54741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,46,133,9611,131,132],"class_list":["post-54740","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-ca","tag-canada","tag-economy","tag-finance","tag-pension","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/54740","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=54740"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/54740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/54741"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=54740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=54740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=54740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}