Implementation of Pension Reform from 2027
November 6, 2026
Minister of Labor, Marinos Musiouttas, announced that the pension reform is set to be implemented on January 1, 2027. The reform aims to strengthen pensions, especially the lower ones, and recognize periods of care and education in retirement benefits. The goal is to end state borrowing from the Social Insurance Fund and start repaying its debt. The Fund's reserves are approximately 12 billion euros and will be invested under a modern supervisory framework. The Minister emphasized the importance of economic resilience and investments in Health and Education.