
At the last stage, on the way to Parliament, is the plan for a mini-insurance law, which is awaited by thousands of insured people, mostly government employees who will see a small but significant increase in their income, as well as freelancers and self-employed. people with debts to EFKA. Within the next week, the main part of the bill is expected to be approved by the Cabinet of Ministers, and then, probably after the speech of Prime Minister Kyriakos Mitsotakis at the International Exhibition in Thessaloniki (TIF), it will be submitted to a vote in Parliament.
Increasing installments on arrears to insurance funds from 12 to 24, limiting the limitation period to 10 years instead of 20 years, abolishing the 1% levy on public servants in favor of the Wealth Fund (TPDY), but also simplifying the process of issuing pensions for cases consecutive insurance, organizations other than EFKA (eg professional funds) are the main provisions that have been “blocked”. Separate articles in the bill will affect ensigns, as well as special categories of specialists, for example, tour guides. At the same time, there will be interventions to speed up the work of TEKA, as well as on operational issues of EFKA.
In particular, the following important provisions have been “blocked” so far:
• Installment plans for permanent repayment of debts will become 24 out of 12, for EFKA to agree with the tax office. The provision will also affect those who are already on a fixed order of 12 payments to reduce their monthly burden.
The contribution of 1% in favor of the state in favor of the Welfare Fund is canceled – Installments for the permanent repayment of debts to EFKA have been increased from 12 to 24.
• In pursuance of the decision of the Council of Ministers, a regulation on the requirements of the EFKA for enterprises and self-employed persons with overdue insurance debts is introduced, with a limit of 10 years for these requirements. In fact, it is likely that from 2027 the statute of limitations will be further reduced to five years.
• The 1% levy withheld in favor of the Public Workers’ Welfare Fund (TPDY) is expected to be waived but not rewarded.
• From now on there will be uniform conditions for applying for successive pensions between EFKA and organizations outside of it. These are considered to be the Bank of Greece (Bank of Greece), the United Journalists’ Organization of Supportive Insurance and Care (EDOEAP). The same category will include 4 compulsory professional insurance funds (OPS). These are the Occupational Insurance Fund for Insurers and Insurance Company Personnel (TEA-EAPAE), the Occupational Insurance Fund for Pharmaceutical Workers (TEAFFE), the Occupational Insurance Fund for Food Trade Workers (TEAUET), and the Occupational Insurance Fund for Oil Company Personnel (ETEAPEP). The same applies to mutual funds. The regulation is expected to state that in order to apply, one must have 1000 days of insurance with the last insurer of the worker, of which 500 must have taken place in the last 2 years. Until now, the corresponding limit is 1500 and 600 respectively for those funds that are not included in the EFKA.
• Particularly important is the 5-year military service provision, which applies to the rank and file and the security forces (Greek Police, Fire Brigade, Coast Guard). This is the insurance time that can be recognized in accordance with the conditions and counted towards the fulfillment of the pension conditions of the insured person.
• Finally, among other things, the mandatory submission of an electronic periodic analytical declaration (EPD) by tour guides will be determined.
Source: Kathimerini

Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.