Memoranda thrashed industrial relations

The reserves cover just two months pensions

by Katerina Polizou – NEA TV journalist

Research GSEE captures the dramatic impact of the MoU on industrial relations.

The eight-hour day is now past, the 2009 rotation work has increased by 73%, 70% of workers have signed individual contract and about 850,000 workers are unpaid for more than four months.

According to the survey of GSEE, which publishes the newspaper “Ethnos”, part-time and job rotation dominate the labor market with the “workers” employed for a few hours in the day or a few days a week, resulting in the collapse of income.

Since 2009, job rotation has increased by 73%, the number of employees from 272,561 people in 2009 came at the end of 2013, 440.443 working. 131,512 individuals work less than 5 days a week.

The complete deregulation of labor relations is also obvious through the fact that more than half of the contracts converted into individual work by a unilateral decision of the employer.

Alterations in individual contracts were accompanied by reductions in wages start at 10% and reaching 40%.

At the same time more than 850,000 workers are paid for over four months.

It is a threatening dead end

According το Savvas Rombolis: Α recent study for the period 2013 – 2050 shows that the reserve fund, and after the PSI, is only 4.5 billion.

Euros, which can cover just two months pensions, main and auxiliary, so the main problem is to rebuild the reserve fund.

The year is 2016 crisis during which the system should take the extra contributions and state grants 950 million.

The 2017 will shall need 1.8 billion. In 2019 an extra 2.4 billion.

The total amount reaches 3.8 billion by the year 2023.

From 2023 until 2028 770,000 people born during 1960 – 1965 will start retiring in Greece.

We estimate that half of them will be able to get a pension.

Therefore, in 2023, the SKA will need extra 3.8 billion and in 2028 6.5 billion.

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