Greece’s Court of Audit has decided that retired members of parliament are entitled to up to 60000 euros in pension pay retroactively, according to an Eleftheros Typos newspaper report.
The three judge court found that under existing legislation that links judges salaries to those of MPs, retired politicians are entitled to the same pension increases awarded to judges. The bill, passed in parliament in 2008, granted raises to judges but not to MPs. Now retired MPs are entitled to retrospective payments of 60,000 euros each in back pay the court has decreed.
The decision of the court is directly enforceable without allowing the State to appeal or delay.
Now the Ministry of Finance has to decide the way and the time frame to pay arrears to the retired MPs.
Monthly Pension for Lawmakers (full pension, net)
December 2009: 3,866.16 euro
February 2013: 1,975.96 ευρώ
MPs receive their parliamentary pension in addition to any other occupational pension they may be entitled to receive.
MPs are eligible for parliamentary pension after serving 8 years in parliament
