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  • Debts worth 785 million euros settled via “100 installment” scheme

    Social insurance foundation IKA has published figures from the Center for the Collection of Insurance Debts (KEAO), according…

    Social insurance foundation IKA has published figures from the Center for the Collection of Insurance Debts (KEAO), according to which 34,244 applications were approved for the government’s ambitious “100 installments” settlement.

    These 34,244 cases that were approved within the first 50 days of the settlement’s implementation refers to debts towards insurance funds worth 784,938,440.05 euros.

    Specifically 21,942 of these settlements worth 627,419,849.86 euros were towards IKA; 9,974 settlements worth 13,374,049.17 euros were towards self-employment insurance fund OAEE; 2,472 settlements worth 20,385,456.73 euros were towards the agricultural insurance fund OGA and 46 settlements worth 2,759,084.29 euros were towards ETAA.

    IKA’s management has also reminded debtors that the final date to apply for a settlement is on the 31st of March 2015 and to examine all options in order to ensure the greatest benefit.

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