New pension legislation aims to speed up operations at overwhelmed EFKA fund

PoliticsGreek Politics Tags: KINAL, New Democracy, Pensions
Photo by Angelos Christofilopoulos/Angelos Christofilopoulos
Photo by Angelos Christofilopoulos/Fosphotos

Problems continue to bedevil the operation of the unified pensions fund EFKA as new legislation seeks to bring in greater private sector involvement.

EFKA, which is responsible for the pensions of about 90 percent of the country’s labour force, has been struggling to clear a backlog of pension applications despite recent efforts by the government to speed up processing by bringing in lawyers and acco...

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