Politis

3.38% Increase in Basic Pension Amounts - Ministry of Labour Announcement

Published January 13, 2026, 10:23
3.38% Increase in Basic Pension Amounts - Ministry of Labour Announcement

Social Insurance pensions will increase by 3.38% in the basic part from January 1, 2026, as announced by the Ministry of Labour. The monthly full basic pension will amount to €529.82 and the minimum pension to €450.35 for beneficiaries without dependents. There will be no increase in the supplementary part of pensions, based on the Consumer Price Index. The social pension will be set at €429.15 per month from the same date. In addition, the maximum limit of insurable earnings will increase to €1,325 per week and €5,742 per month from January 2026. The presumed income of the self-employed, on which social insurance contributions are calculated, will also increase by 3.38% from January 5, 2026. Finally, the amount of the funeral benefit will be set at €642.88 and the maternity benefit at €1,095.21, €1,642.81, €2,190.42, and €2,738.02 for the first, second, third, fourth and any subsequent child, respectively, from January 5, 2026.