Comes axe and the flat!

Date of 17 February has been the confidential document to the welfare funds, and includes…
three scenarios which bring cuts in lump-sum for everyone, from public and UTILITIES sector until banks and private sector and 35%.
According to the newspaper Free Press, the beneficiaries will receive in the first scenario a amount for years insurance as the 2013 with the reductions already have been implemented and the Public, for example, reach 38%, while for the remaining years will receive an amount corresponding to the discounted return of their contributions.
On the basis of the second scenario that comes to light, the entire amount of the lump sum will be calculated based on the accumulation of contributions and only with the odds of the Bank of Greece.
The third and most hard scenario of all, provides for part of the lump sum as the 2013 calculation based on a new rate of replenishment for all insured persons for all years, and the remaining amount from 2014, and then based on the accumulation of contributions with the returns of the Bog.
Source