NEWSBEAST.GR: BY 2029 WORKERS’ CONTRIBUTIONS WILL COVER ONLY ABOUT 62% OF PENSIONS IN GREECE

NEWSBEAST.GR: BY 2029 WORKERS’ CONTRIBUTIONS WILL COVER ONLY ABOUT 62% OF PENSIONS IN GREECE

In Newsbeast.gr, the Centre for Liberal Studies (KEFiM), as part of the Epicenter network, presented its latest study on the Greek and EU pension systems. The analysis projects that by 2029 workers’ and employers’ contributions will cover approximately 62% of pension expenditure in Greece, with the remaining 38% still funded directly from the state budget through taxes. The study highlights the heavy reliance on the pay-as-you-go model, draws parallels with the EU institutions’ own unfunded pension system (79% funded from the current EU budget), and calls for a gradual shift toward greater capitalisation to reduce long-term pressure on workers and taxpayers.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).