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> Economy

Creditors demand for 60% of the pension to be paid until the age of 65

They demanded immediate and essential changes in the pension system

Newsroom November 11 06:14

The representatives of Greece’s creditors are back in Athens for another round of negotiations with the Greek government.

Shortly after the beginning of the discussions, a source said the representatives demanded immediate and essential changes in the pension system which should be decided by the end of November.

The changes required by creditors include one main pension fund, one supplementary pension fund for all supplementary pensions and recalculation of the pensions, so as those who want to retire before the age of 65 years would receive 60% of the pension until they reach the age of 65. After turning 65, the pensioners would be able to receive their full pension.

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