Politis

Bill Proposed for Social Security Debt Settlement

Published March 24, 2026, 17:23
Bill Proposed for Social Security Debt Settlement

The discussion on a bill regarding the settlement of overdue social security contributions to the Social Insurance Fund (TKΑ) began in the House Labor Committee. The bill provides for the repayment of debts in monthly installments not exceeding 48. Several proposals were submitted by various MPs to increase the number of installments. Specifically, an increase to 120 installments was proposed by MPs from ELAM and other parties for debts exceeding €50,000, while others proposed 100 installments for debts exceeding €30,000. MP Elias Myrianthos of EDEK stated that the new scheme retains advantages over previous ones, allowing debtors to settle their debts within 48 months and avoid further surcharges. EDEK requested consideration of reintroducing a discount on existing surcharges.