Pension in Greece 2026: estimate your EFKA old-age pension
The calculator adds the national pension of article 7 and the contributory pension of article 8 of Law 4387/2016, the rules e-EFKA applies.
Checked by Radif Partners · Editorial policy
A Greek old-age pension is made of two layers. The national pension (ethniki syntaxi) is €436.40 a month in the last full amount published by the Ministry of Labour, paid in full after 20 years of insurance and 40 years of residence in Greece, and reduced for shorter records. On top comes the contributory pension (antapodotiki): your career-average monthly pay multiplied by an accrual rate that grows with each year of insurance, reaching 26.37 % at 30 years and 50.01 % at 40. With a €1,800 average and 30 years, the estimate is €911 gross per month, of which €475 contributory and €436.40 national. At least 15 years of insurance are needed, and the full pension starts at 67. Figures are gross, before health contribution and tax, and they use your average pay in today’s money.
Estimated gross pension
€921
| Contributory pension | €485 |
| Accrual rate | 37.31 % |
| National pension | €436 |
| Full national pension (1.1.2025) | €436.40 |
Gross amount before health contribution and tax. Pensionable earnings are indexed to inflation.
2026 rates from Greek law, e-EFKA and the Ministry of Labour · calculated in your browser, nothing is sent.
Thirty years of insurance at different salaries
| Career average pay | Contributory | National | Total gross |
|---|---|---|---|
| €1,000 | €264 | €436.40 | €700 |
| €1,400 | €369 | €436.40 | €806 |
| €1,800 | €475 | €436.40 | €911 |
| €2,400 | €633 | €436.40 | €1,069 |
| €3,200 | €844 | €436.40 | €1,280 |
The national part is identical in every row because it does not depend on earnings. The contributory part is a fixed share of your average, 26.37 % after 30 years, so it scales in a straight line with pay. That is why the pension replaces a much larger share of a low salary than of a high one: at the bottom of the table the flat national amount does most of the work.
The accrual table, band by band
| Years of insurance | Rate per year | Cumulative at end of band |
|---|---|---|
| 1 to 15 | 0.77 % | 11.55 % |
| 16 to 18 | 0.84 % | 14.07 % |
| 19 to 21 | 0.9 % | 16.77 % |
| 22 to 24 | 0.96 % | 19.65 % |
| 25 to 27 | 1.03 % | 22.74 % |
| 28 to 30 | 1.21 % | 26.37 % |
| 31 to 33 | 1.98 % | 32.31 % |
| 34 to 36 | 2.5 % | 39.81 % |
| 37 to 40 | 2.55 % | 50.01 % |
| over 40 | 0.5 % | – |
Since 1 October 2019, article 8 uses this second table. Each year of insurance earns the rate of the band it falls in, and the overall rate is the sum. The first fifteen years are the cheapest; the steepest band runs from the 31st to the 40th year. Anyone weighing whether to keep working at 60 should look at the band they are in rather than at an average: a year in the high band is worth several years from the start of a career.
The contributory pension can never exceed the pensionable earnings themselves. The calculator applies that ceiling, which only matters in very long careers.
What counts as pensionable earnings
e-EFKA, the single social insurance fund, takes the average of all monthly earnings on which contributions were paid over your insured life: total earnings divided by total insurance time. Each year’s earnings are first increased in line with consumer prices up to 2026, and with the ELSTAT wage index from 2027. Civil servants and military staff have their average computed from 2002 onwards, which the page on uniformed services pensions covers.
How much national pension you get
National pension per month
€418.94
| Full amount (20 years, 40 years’ residence) | €436.40 |
| Share of the full amount | 96 % |
Newcomers and the residence test
For foreigners who settle in Greece mid-career, the national pension is the part to check first. It requires at least 15 years of permanent, lawful residence between age 15 and pension age, and it is reduced by 1/40 for each year short of 40. With 20 years of insurance but 30 of residence it is €327.30. With fewer than 20 insurance years it also falls by 2 % a year, down to €392.76 at 15 years. The national pension guide goes through these cases.
What the estimate leaves out
This is a full old-age pension. The calculator does not model the reduced pension from 62, disability or survivor pensions, auxiliary pensions, the lump sum, or the special rules for people insured before 1993. It does not total insurance periods from other EU countries, which are coordinated under EU rules. It uses the 2025 national pension amount and a single average salary, whereas e-EFKA uses your actual year-by-year record. Use it to compare scenarios, for example stopping at 35 or 38 years, and check the result against your official insurance history. The contributions that build this record come off every payslip; see them in the Greek salary calculator.