NATIONAL LABOUR MARKET POLICIES

Basic Information Reports

3.3.1.GR-iii.1 Unemployment benefit

3.3.1.1. Aim

To ensure compensation for persons involuntarily deprived of employment.

3.3.1.2. Legal basis

Law no 2961/54 plus subsequent amendments, L 1545/85, 1836/89, 1892/90.

3.3.1.3. Contents

For field of application and conditions for admission: see Chapter II.

Benefits amount to 40% (wage-earners) or 50% (salaried employees) of earnings in the relevant wage class plus 10% of benefit per dependent at not less than GRD 3,120 per day.

3.3.1.4. Financial resources

Expenditure is covered by employer and employee contributions (2.67% and 1.33% respectively of gross earnings).

3.3.1.5. Institutional support

OAED.

3.3.1.6. Duration

Duration of employment (days)	Duration of benefit (months)
125	5
150-179	6
180	8
220	10
250	12

3.3.1.7. Effects

(Source: OAED Statistics Service)

Year	Number of beneficiaries	Expenditure (in GRD)
1996	228,689	113,562,855,986
1997	252,497	140,514,298,282
1998	250,439	150,030,385,571

b

EU – European Commission DG EMPL/A/2 J II 27, Rue de la Loi 200, B-1049 Brussels – Belgium GHK Consulting Ltd 30 St. Paul's Square, Birmingham. B3 1QZ E-mail: eeo@ghkint.com