Ministry's actuarial study shows the devastating impact of the crisis on the pension system

Economy Tags: Pensions

The Labour Ministry published on Thursday the long-awaited actuarial study that accompanies the pension reform outlining the key factors that had a negative impact on the sustainability of the Greek pension system.

The prolonged economic crisis had a negative impact on employment as well as on the income of self-employed reducing the pension system revenues from their contributions, while increased retirement resulted in a notable rise in the number of pensioners.

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