PERSONS INSURED WITH TAE 

All private individuals above 18 years of age who are involved in the trade business (individually or as partners of commercial trading companies of any legal state) are obliged to register with and pay contributions to TAE.

Pursuant to special provisions (Act 1759/88), cinema entrepreneurs as well as stockbrokers and stockbroker's clerks are registered with TAE.

Insurance of the aforementioned individuals with TAE is compulsory by law (there are exceptions to this, under certain conditions, for the special (sleeping) partners of commercial companies, the members of Limited Liability Companies and the members of Administration of S.A. companies.

These individuals are exempt from insurance if they are involved in any other profession on the basis of which they are obliged to pay contributions to another main insurance fund. 

INSURANCE TIME 

The insurance relationship between the insured person and TAE begins with commencement of the trading business, continues subject to all legal effects (rights and obligations of the insured) and is ended upon termination of the profession of trader or the voluntary insurance or upon death of the insured person.

Conditions for recognising insurance time for entitlement to a pension or an increment to the amount of pension received. 

  1. Military service (Act 1355/83)
  2. National resistance (Act 1543/85) for the years 1941-1945.
  3. Activity against the Dictatorship (1967-1974) (Act 172/75 & 2676/99, art. 73 §§ 3 & 4.)
  4. Public service (Act 1405/83)
  5. Voluntary insurance