Actress Katerina Jacob Questions Fairness of Pension System

The veteran TV star claims to have paid €800,000 into the pension system but receives only €1,435 monthly, sparking debate on pension equity for artists.

Katerina Jacob, a 66-year-old actress with a 50-year career, expressed frustration over receiving €1,435 in monthly pension payments despite claiming to have contributed €800,000 to the system.
Experts have disputed Jacob's calculation, noting that her pension contributions are likely far lower than her stated amount due to contribution limits and irregular work patterns in the entertainment industry.
Jacob highlighted the challenges faced by actors, such as inconsistent employment and income, which can result in lower pension entitlements compared to salaried workers with steady careers.
The actress credited her financial stability in retirement to early investments in real estate, a move she recommends to others in her profession with irregular incomes.
Jacob's comments have reignited discussions about the adequacy and fairness of pension systems for artists, with industry groups previously raising concerns over the issue.