Social Solidarity Allowance for Uninsured Elders
επίδομα ανασφάλιστων υπερηλίκων
Coverage
- Uninsured elderly persons permanently residing in Greece, who have reached the standard statutory retirement age, who cannot sufficiently cover their necessary subsistence from their income/assets and who are not eligible for the ‘national pension’ of the statutory old age pension scheme.
Financing
- The scheme is entirely tax-financed out of the state-budget.
Administration
- Benefits are granted and provided by the Organisation of Welfare Benefits and Social Solidarity (OPEKA).
Qualifying Conditions
- The person must have reached the statutory retirement age of 67 years.
- Persons must not be eligible for any old age pension, incl. ‘national pension’ of the statutory old age pension scheme; if the person receives pension income from abroad, it must be less than EUR 360/month.
- The benefit is residence-tested: the person must have been a resident in Greece for at least 15 years (between the age of 17 to 67); 35 years of residence are required for full benefit.
- The benefit is means-tested: the person’s income, the household’s income and assets must be below a certain level (personal income: EUR 4,320/year, household income: max. EUR 8,640/year, property assets: max. EUR 9,000 in 2020).
Benefits
- Full flat-rate benefit (EUR 360 per month/person in 2020) for those with 35 years of residence in Greece; proportionate shortening for shorter residence periods.
Coverage
Financing
Administration
Qualifying Conditions
Benefits
- Uninsured elderly persons permanently residing in Greece, who have reached the standard statutory retirement age, who cannot sufficiently cover their necessary subsistence from their income/assets and who are not eligible for the ‘national pension’ of the statutory old age pension scheme.
- The scheme is entirely tax-financed out of the state-budget.
- Benefits are granted and provided by the Organisation of Welfare Benefits and Social Solidarity (OPEKA).
- The person must have reached the statutory retirement age of 67 years.
- Persons must not be eligible for any old age pension, incl. ‘national pension’ of the statutory old age pension scheme; if the person receives pension income from abroad, it must be less than EUR 360/month.
- The benefit is residence-tested: the person must have been a resident in Greece for at least 15 years (between the age of 17 to 67); 35 years of residence are required for full benefit.
- The benefit is means-tested: the person’s income, the household’s income and assets must be below a certain level (personal income: EUR 4,320/year, household income: max. EUR 8,640/year, property assets: max. EUR 9,000 in 2020).
- Full flat-rate benefit (EUR 360 per month/person in 2020) for those with 35 years of residence in Greece; proportionate shortening for shorter residence periods.
Legal Basis: Law 4387 of 2016, Unified System of Social Insurance, providing for the reform of the social protection system and pension scheme and regulating the tax income and taxation for games of change and inserting other provisions (Μεταρρύθμιση ασφαλιστικού συνταξιοδοτικού συστήματος).