Feb 16 • 13:25 UTC 🇬🇷 Greece To Vima

Pensions: Ways to retire before age 62

Thousands of workers are counting down to retirement, with the possibility of leaving the workforce before age 62 in 2026 under current pension laws.

Many workers in Greece are eagerly anticipating retirement due to favorable conditions set in the current pension system, particularly with the option to retire before the age of 62 by the year 2026. Both private and public sector employees might qualify under specific criteria established through their years of service and contributions. The article outlines the various pathways available, emphasizing eligibility for different groups based on their years of service and age milestones.

In the public sector, specific conditions apply, notably for civil servants who completed 25 years of service by 2010 and have accrued 35 years of insurance by the end of 2021. These individuals, turning 58 by the end of their service, are set to retire in 2026 with full pensions. Similar guidelines apply to employees who reached 25 years of service in subsequent years but must adhere to specific age thresholds for eligibility.

For the private sector, qualifying for early retirement mainly concerns mothers who have a minor child and have accumulated a certain number of insurance days within a specified time frame. For instance, mothers born in 1965 who have acquired 5,500 contributory days can retire early if they meet the criteria laid out for the years 2010-2012. This approach reflects a broader strategy within the pension system to accommodate various social needs and family structures, aiding those who have supported children while contributing to the workforce.

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