Greece: Selected Issue—An Overview of Pension Reform
March 15, 2002
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This Selected Issue paper provides an overview of the public pension system in Greece, and of prospective pension-related spending pressures. The paper reviews the structure of Greece’s pension system and compares some basic parameters of the Greek pension system with those of other European Union economies. It provides an overview of demographic projections for Greece in an international context. The paper also examines the sensitivity of the expenditure projections to variations in demographic and macroeconomic assumptions, including those relating to the rate of productivity growth.
Subject: Aging, Expenditure, Labor, Pension projections, Pension spending, Pensions, Population and demographics, Retirement
Keywords: Aging, average earnings, benefit ratio, contribution evasion, CR, early retirement, earnings, expenditure projection, government, Greece, indexation system, ISCR, occupational pension, pension expenditure projection, pension indexation, Pension projections, Pension spending, Pensions, private employee, replacement rate, Retirement, survivors pensioner
Pages:
30
Volume:
2002
DOI:
Issue:
058
Series:
Country Report No. 2002/058
Stock No:
1GRCEA0032002
ISBN:
9781451816167
ISSN:
1934-7685
