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flag 2023 Greek tax law increases working pensioners fivefold, up to 182,700 by July 4, 2024, encouraging labor market participation and public revenue growth.

flag Greece's new tax law has led to a fivefold increase in pensioners continuing to work, with 182,700 registered as of July 4, 2024, compared to 36,000 under the old system. flag The law, 5078/2023, allows pensioners to work while receiving their pension and has a monthly withholding fee paid into EFKA. flag The aim is to boost the labor market, increase public revenue, and reduce undeclared work by pensioners.

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