Athens, Nov 14 (EFE) .- Greek Prime Minister Alexis Tsipras has announced that he will distribute 1,400 million euros of this year's fiscal surplus among retirees and citizens with income low.

The prime minister announced last night that 720 million euros will be distributed as extraordinary aid to 3.4 million citizens with annual incomes of less than 9,000 euros gross (double in the case of families).

Another 315 million will be used to compensate retirees who from 2012 to 2016 paid excessive health insurance contributions, contributions that must be returned as recently ruled by the Supreme Administrative Court.

The remaining 360 million euros will go to the coffers of the electricity company DEI to prevent future increases in the electricity tariff.

Tsipras announced that the draft law will be sent to the Parliament this week, so that the first payments can be made before the end of the year.

This is the second consecutive year in which the Government of Tsirpas distributes the so-called "social dividend" for exceeding the target for the primary surplus.

Last year it disbursed 617 million euros in an extraordinary Christmas bonus that was distributed among 1.5 million retirees.

The Government It estimates that this year the primary surplus will be around 3% of the gross domestic product, which far exceeds the 1.75% expected in the program of measures associated with the third financial bailout of the country.

Part of this surplus will be used, according to the economic press today, to create a cash reserve to prepare the following outlets to test the markets and to have a security cushion in case Eurostat revises any of the figures for this year.