Pensions: massive cuts to revaluations, the new "quota 100" 2.5 billion in three years

The new budget law introduces significant cuts to pension adjustments, with reductions ranging from 15% to 68% for higher pensions. The changes are aimed at addressing inflation and supporting fiscal measures for banks and energy companies. Additionally, a 25% cap on public administration turnover is implemented, affecting salaries of judges and university professors. The law also allocates 2.55 billion euros over three years for a new 'Quota 100' pension scheme, sparking debate on its use versus increasing minimum pensions.