Greece. Union labour ministry to assess long term viability of Employees Pension Scheme

The Union Labour Ministry looks to appoint an actuary to assess if the Employees’ Pension Scheme (EPS) is sustainable over a long term.

The EPS, 1995 is one of the three schemes meant for old-age social security of employees run by the Employees’ Provident Fund Organisation (EPFO). The other two schemes are Employees’ Provident Fund Scheme, 1952 and Employees’ Deposit Linked Insurance Scheme, 1976.

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