April 25 (Bloomberg) -- Greece’s pension funds can save as much as 800 million euros ($1.1 billion) a year from cutting false pension payments, Kathimerini said, citing Labor Minister George Koutroumanis.
The ministry found that at least 200,000 pensions were being paid to people who weren’t entitled to them, the Athens-based newspaper reported, citing Koutroumanis.
Some of the false claims are redirected pension payments of deceased Greeks or people residing outside of Greece, the newspaper said.
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