Over 170,000 new insured Additional Capitalization Insurance Fund (TEKA) what now, after hiring Mr. wolika kimono in the position of the first manager enters the final phase of autonomous work. In addition, the appointment of the Foundation’s seven-member Board of Directors, chaired by the Professor of Finance Nikolaos Tessaromatis.

According to the latest data obtained as a result of processing Detailed Periodic Reports (APD) As of January this year, the number of insured persons registered with TEKA is 171,000. A total of 77,000 employers filed declarations. In practice, this means that at the beginning of the year, about 30,000 new members joined the Fund, since, according to the Ministry of Labor, there were about 150,000 registrations from 65,000 employers at the end of 2022. Although the competent authorities note a slight slowdown in the rate of integration of new insured persons, this does not seem to be a cause for concern, since it is estimated that in the winter months there is a tendency to limit the creation of new jobs. In practice, and with the start of the new tourist season, a further increase in the number of new members is expected. In addition, this year, except for those who have entered the labor market since 01.01.2022, who are insured by TEKA insurance, as well as persons born since 01.01.2004, regardless of whether they worked before 01.01. 2022/2022, this year, those insured with the e-EFKA Supplementary Insurance Department under the age of 35 (born from 01.01.1987) can also voluntarily insure themselves with TEKA. This voluntary transition from a subsidized branch of EFKA to TEKA can be completed within this year. Be careful. The change of operator is made only once and is irreversible. Well, if an employee chooses TEKA insurance, he should know that until the end of his working life, when he is engaged in an occupation for which additional insurance is provided, he will still be insured in the corresponding fund.

As for the funds that have already been accumulated in the Fund, according to protected information “K”, of the contributions of the insured at the end of February, 32 million euros had accumulated. Indeed, as characteristically stated by the Secretary General of Social Security Paulina Caraciotu, speaking at an event dedicated to the development of the capital market in our country, in 2040 TEKA will have 1.5 million insured and more than 15 billion euros of accumulated reserves. In a few years, at the stage of formation, TEKA will manage funds that will exceed 1/3 of the country’s GDP and cover about 3 million insured persons. In practice, this means that TEKA will eventually become the largest institutional investor in the country.