Greece will disburse a one-time €400 payment to roughly 2.2 million pensioners and welfare recipients on Nov. 30, with the funds deposited automatically into bank accounts and no application required, the government confirmed.
The payment, announced by Prime Minister Kyriakos Mitsotakis at the Thessaloniki International Fair earlier this month, marks an increase from last year's €300 bonus.
Unlike in previous years, the benefit carries no income or asset restrictions — eligibility does not depend on how much a recipient earns or owns, as long as other basic conditions are met.
Those eligible include pensioners over 65, survivors' pension recipients over 60, people with disabilities regardless of age, and uninsured elderly individuals receiving benefits through Greece's welfare agency OPEKA.
The government has said the payment is a one-off measure and does not represent a permanent increase to pension amounts.
Total spending on the measure is estimated at approximately €878.8 million. Payments will be credited through participating banks, with the exact timing on Nov. 30 depending on individual banks' processing schedules.
The move is part of a broader package of household support measures the government has rolled out this year amid continued cost-of-living pressures, alongside earlier one-time payments and pension increases funded by Greece's improved fiscal position.