Monitoring and supervision of the Projections undertaken by the National Actuarial Authority (NAA) of Greece of the Greek Public Pension Schemes

The pension schemes covered by the NAA and which form part of this project are the four major pension schemes, namely the National Insurance Scheme for Private Workers (IKA), the National Pension Scheme for Self-employed Workers (OAEE), the Public Service Scheme (PS) and the scheme for Agricultural workers (OGA). The ILO will provide its established actuarial expertise by reconciling the modelling parameters between the different schemes in order to provide a consolidated view of the social protection situation of Greece. Immediate objectives are to: 1. review and reconcile the actuarial modelling approach used by the NAA for the schemes mentioned above; 2. review and reconcile the data and assumptions used by the NAA (quality; reliability); and 3. provide short- and long-term results (formal correctness within modelling approach; plausibility).

Project symbol

GRE/10/01/GRE

Admin unit

SEC/SOC

Start date

15/11/2010

End date

31/12/2011

Total allocation

28799

Total expenditure

Status

Closed

28799

Development Partners

Greece, National Actuarial Authority

Country/Countries

Greece

Outcomes

Social Security