The troika has arranged to meet with the managements of social security bodies today in Athens, in order to discuss the finances of the insurance funds and social transactions.
The implementation of the insurance fund budgets will be at the top of the agenda, along with the collection of outstanding insurance contribution, the unification of pension mechanism and abolishing non-compensatory fees that currently fund social security bodies.
During the first five months of 2014, from January to May, the pension fund grants from the budget were within set targets; of the 10.6 billion euros of the annual grant, 42.1% (4.54 billion euros) had already been distributed. IKA specifically received 45.1% of its annual 2.23 billion euro budget, namely 1.07 billion euros.
At present though the social security organizations have debts worth 3 billion euros towards third parties, 604 million euros of which are attributed to the civil servant welfare fund and 1.95 billion euros is attributed to EOPYY.
