Pensions in Greece are showing significant recovery, with the average amount presenting a 17.5% increase compared to 2019, according to a report by “Apogeumatini”. Official data from the “Helios” system confirms the upward trend in pension benefits, while beneficiaries with monthly income above €1,000 increased by 40%. This positive development is mainly due to increases applied to new pensions, as insured individuals retire with more years of insurance, securing better replacement rates.
Read: October 2025 pensions: When beneficiaries get paid – Detailed dates
Pensions: Detailed data by category
According to official data, the average old-age pension currently stands at €952, compared to €809.87 in 2019. Meanwhile, average spending on pension benefits reached €844.22 from €720 in 2019. Particularly impressive is the performance of new awards from the Public Sector, where the average old-age pension reaches €1,341, recording a 14% increase over the last two years. Even more significant is the improvement in pensions for new beneficiaries from the Bank of Greece, which reached €3,166 in June 2024, compared to €2,427 in June 2023, showing a 30% increase.
Supplementary benefits and dividends
In the supplementary pensions sector, ETEAEP recorded positive progress with the average supplementary benefit reaching €284 in June 2024, from €225 in June 2023, recording a 26% increase. Conversely, the average dividend from MTPY declined to €210 from €233, recording a 10% decrease. The total average monthly income of beneficiaries from main and supplementary old-age pensions now stands at €1,173, showing a 5.35% increase compared to the corresponding income in 2023.
The most recent data from the “Helios” information system reveals that in July 2025 main pensions averaged €844.22 gross, compared to €821.99 a year earlier. Supplementary pensions follow a similar upward trend, reaching €221.22 in July, from €196.59 in June and €196.89 in July 2024.
Total cost and number of beneficiaries
During July, a total of 4,692,996 pensions were paid, of which:
• 2,873,634 main pensions
• 1,382,639 supplementary pensions
• 436,723 dividends
Monthly expenditure exceeded €2.74 billion, while pensioners numbered 2,510,705 people, increased by 3,407 compared to June and by 12,271 compared to the corresponding month in 2024. Despite the increases, almost 6 out of 10 beneficiaries, namely 1,141,760 people (58.8%), continue to receive main pensions below €1,000.
