Biggest Greek pension fund calms fears, says monthly payment on Wed.

The IKA fund issued a statement after lines of mostly pensioners were observed outside ATMs, given that many thought they would be paid on Tues.

 

Queues were observed at many ATMs in Greece on Tuesday afternoon as pensioners, mostly, apparently tried to see if their April payment was credited to their account.

The images, as shown in the photo, caused the Social Insurance Foundation, Greece’s largest public pension fund, to issue a statement saying payments would be paid on Wednesday.

Another fund for pensioners of the state-run phone company said its monthy payment will come on Thursday, followed by May 4 by the self-employed professionals’ fund and by the farmers’ pension fund.