Greece: bill to promote supplementary retirement savings submitted for public consultation

The news. On 13 July, the Greek Ministry of Labour launched a public consultation on a draft bill aimed at expanding funded supplementary retirement savings alongside the mandatory public pay-as-you-go pension system. The proposal seeks to make occupational pension funds more attractive to both employers and employees, notably through tax incentives. The consultation will run until 27 July 2026.

The context. Greece has the fourth-oldest population in the European Union, with nearly 24% of its po