A major round of back payments has begun for approximately 81,000 pensioners, as Greece’s social security agency moves to settle long-standing pension discrepancies linked to recalculations, contribution adjustments and past over-deductions.
The payments, which range from around €1,200 to €8,000 depending on each case, are being issued in phases over April and May. According to available data, more than 16,000 pensioners have already received deposits into their bank accounts, with further payments expected as remaining files are processed.
The back payments stem from a series of corrections to pension calculations, including cases where working years or pensionable earnings had been incorrectly recorded. In other instances, pensioners who continued working after retirement were entitled to additional contributions that were not initially reflected in their benefits.
A significant portion of the payouts also relates to adjustments for individuals with multiple insurance coverage, where contributions paid into more than one fund were not fully accounted for in earlier calculations. In these cases, the revised assessment has led to both lump-sum back payments and increases in monthly pension amounts.
Some of the highest corrections involve retirees from specific professional sectors, where errors in initial assessments resulted in lower pension payments over time. Following the review of historical records, the revised calculations now include retroactive adjustments dating back several years.
Additional payments are also being made to retired military personnel and surviving spouses, following the correction of past deductions applied to pension and supplementary benefits. These deductions, introduced under older legislation, were recalculated after later policy changes, leading to refunds covering periods of more than two years in some cases.
So far, nearly 3,000 beneficiaries in this category have received refunds, with individual amounts reaching several thousand euros depending on the duration and level of deductions applied.
