Estimate your Greek state pension from EFKA. Based on insurance years, average earnings, and the national pension component of 384 EUR per month after 20 years.
Enter your insurance years and average insurable monthly earnings to estimate your EFKA state pension in Greece.
Estimated gross monthly pension
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National pension component
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Proportional pension component
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Gross annual pension
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Replacement rate
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Your breakdown
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How the EFKA state pension works in Greece
The Greek main pension is governed by Law 4387/2016 (the Katrougalos reform) and subsequent amendments. It replaced the fragmented pre-2016 fund system with a unified two-component structure. The national pension provides a flat-rate floor benefit. The proportional pension rewards longer contribution histories and higher earnings. Both accrue over your working life in EFKA.
Example calculation
A worker with 35 years of insurance and average monthly earnings of 1,800 EUR would receive: national pension of 384 x (35/20) = 672 EUR, plus proportional pension of roughly 1,800 x 35 x 0.0115 = 724 EUR, giving a gross monthly pension of around 1,396 EUR before tax and healthcare deductions.
Tips and considerations
The proportional accrual rate used here (1.15% midpoint) is a simplification. The actual rate ranges from 0.77% for up to 15 years to 2.00% for over 40 years. Voluntary EFKA contributions can top up your insurable years if you have gaps. Consider pairing your state pension with private savings or a supplementary pension to maintain your standard of living in retirement.
Frequently asked questions
How is the Greek state pension calculated in 2026?
The EFKA main pension consists of two parts. The national pension (ethniki syntaxi) is 384 EUR per month for 20 years of insurance, rising proportionally for more years. The proportional pension is calculated as 0.77% to 2.00% of average insurable earnings per year of contributions, depending on total years. Together these two components form your gross monthly pension before any applicable taxes or healthcare deductions. The exact accrual rate per bracket is set by Law 4387/2016 as amended.
What is the minimum pension age in Greece in 2026?
The standard retirement age in Greece is 67, provided you have at least 15 years of insurance. You can retire at age 62 if you have 40 full years of insurance. Early retirement options exist for heavy and arduous occupations, mothers of minors, and disabled persons under specific conditions. The Hellenic Ministry of Labour sets the qualifying criteria and any annual adjustments. Early retirement before 62 generally results in a permanently reduced pension amount.
What is the national pension component and how does it scale with years?
The national pension is 384 EUR per month for exactly 20 years of insurance. For each additional year beyond 20 up to 40 years, the amount increases proportionally. For fewer than 20 years, you still receive a reduced national pension scaled to your years. For example, 30 years of insurance would give a national pension of roughly 576 EUR per month (384 x 30/20). This component is financed from the state budget and does not depend on your earnings level.
Are EFKA pensions subject to income tax in Greece?
Yes, Greek state pensions are treated as employment income for tax purposes. The same 5-bracket progressive income tax system applies, with rates from 9% to 44%. Pensioners also benefit from the resident tax credit, which is 777 EUR for annual taxable income up to 12,000 EUR and tapers to zero at 20,000 EUR. A healthcare contribution of 6% is also withheld from pensions. The net pension received is therefore lower than the gross figure. Use the income tax calculator for a full net-of-tax breakdown.