With a short video on Tik Tok the Prime Minister, Kyriakos Mitsotakis he explains shortly what is a personal piggy bank and how he works mainly for young people. In fact, he invites users to submit their questions and he will answer them.

He points out that “in the individual piggy bank – which concerns young people and the supplementary pension – what you pay as employees is collected” and added how “in the end your supplementary pension will be 43 to 68% higher”.

Specifically, Mr. Mitsotakis states: “Today I want to tell you about the individual piggy bank. What is this; It’s about young people and your supplementary pension. The individual piggy bank collects what you as employees pay. No one else can touch him. You see it grow over time and you can control it through the myteka.gov.gr app. You save and invest for your own future retirement. You are not paying into someone else’s current pension. In the end your supplementary pension will be 43 to 68% higher. Well, I know that supplementary pension is a complicated subject. If you want, write me your questions, I will be happy to answer them.”

@kyriakosmitsotakis_ What is an individual piggy bank? #fyp #tiktokgreece ♬ original sound – Kyriakos Mitsotakis