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Subsidized employment of elderly unemployed who need less than 1,500 days(or 5 years) of contributions in order to be eligible for retirement

Country of implementation
Greece
General short description of the innovation
The aim of the programme is to subsidize the active employment for 5 years maximum of 2,500 aged unemployed who are unable to become eligible retirees because they miss the minimum requirements in contributions. whose lack does not exceed 1.500 working days less than contribution stamps being close to retirement and have not completed the requirements for retirement from the main insurance because of having less stamps (until 1,500) or until five (5) years to complete the age for retirement and the latter their insurance carrier is the Social Insurance Institute.
Target group
Older Workers
Policy Field
  • employment
  • wage
Type of Policy
  • public
Duration of the policy
2008 updated every year
Scope of innovation
  • Scope: temporary
  • Number of intended beneficiaries: 2500 per year
  • Spatial coverage: national
Type of ideal-typical strategy for the innovation
  • dualisation
Type of innovation
  • new policy, practice or measure
New outputs
  • benefit eligibility
  • subsidies/tax-credits
Intended target group
Actors involved in policy-making/implementation and/or evaluation
  • agency or national social insurance body
  • central state
  • employees (organised or individual)
  • employers (organised or individual)
Intended output
  • benefit eligibility
  • subsidies/tax-credits
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