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New Basic Pension Set Below €1,088 as Part of Pension Reform

April 29, 2026

The Minister of Labor discussed the pension reform during the ministry's report for 2025. The new basic pension will be set below €1,088, aiming to improve the financial situation of low-income pensioners. The minister emphasized the importance of transparency and effective management of the Fund's finances. Additionally, strategic goals for 2026 include improving working conditions and support for working parents. Subsidized contributions will be recognized for various worker categories.