According to information, Troika requires more pension cuts, abolition of pensioners’ social solidarity benefit and early retirement.

According to an article published on Eleftherotypia newspaper, although the government assures that for the moment no further reduction of supplementary pensions will be made by the end of the year, officials do not exclude the possibility of new cuts using the 2015 law on zero deficit.

The Greek government and Troika will negotiate on the way the pensions would be calculated and the Ministry of Labour has already set up a committee to handle other changes which will come into force in 2015.

According to the article, the purpose of the committee is to determine the basic pension, which in 2010 was calculated as a percentage of GDP and reached 360 euros. Now, since it is estimated that GDP will be reduced by 2.5% compared with 2010, the basic pension will be at 320 euros.