Reforming the Greek pension system from a single to a three-pillar system: Justification, challenges  and risks.

Συγγραφέας Mitarachi, Panagiotis
ΣχολήSchool of Business
Τμήμα Department of Accounting, Economics and Finance
Ημερομηνία έργου 07 Ιουνίου 2024
Γλώσσα του έργου English
Φυσική περιγραφή 232 p.
Supervisory Team Sapuric, Svetlana | Stournaras, Yannis | Lois, Petros
Λέξεις κλειδιά Social Security | Social Systems | Pension reform | Actuarial Analysis | Public Pension Policies | Public Sentiment Analysis | Financial Sustainability | Autoregressive Distributed Lag (ARDL) model
Θεματικές επικεφαλίδες Pension reform -- Greece
Περίληψη (Abstract)
- In September 2021, Greece reformed its pension system to tackle challenges from an aging population and economic volatility, transitioning the auxiliary pension to a fully funded defined contribution scheme. This reform, mandatory for new labour market entrants from January 2022, aims to diversify risks, enhance pension levels and invest in the national economy. The study evaluates the reform’s implementation against demographic shifts and fiscal constraints, highlighting its necessity for ensuring long-term pension system sustainability and aligning with public expectations.

Reforming the Greek pension system from a single to a three-pillar system: Justification, challenges and risks. - Identifier: 4819

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