\u201cPublic pensions, on their own, will likely struggle to ensure adequate replacement rates for workers in the future,\u201d , warned the governor of the Bank of Greece Yannis Stournaras<\/b>.<\/p>\n
For this reason, as he said while speaking at the 7th Professional Insurance Conference<\/b>, the European Union seeks to strengthen occupational pension schemes,<\/b> so that they function as a supplement to the public system by encouraging long-term savings.<\/p>\n
In his speech at the conference titled \u201cOccupational Pensions at the Heart of the European Strategy for Savings and Investments<\/b>\u201d Mr. Stournaras pointed out that the participation of employees remains limited, while the insurance and investment culture in our country has not yet developed to the extent required.<\/b> At the same time, the small size of many funds makes it difficult to achieve economies of scale and increases operating costs. For this reason, a coordinated effort is required from all stakeholders, with the aim of strengthening the confidence of employers and insured individuals in the institution.<\/b><\/p>\n
\u201cWith just 27 Occupational Insurance Funds and approximately 55,000 members by the end of 2025, it is clear that the institution is still in an early stage of development<\/b>, despite the significant prospects and momentum demonstrated by the Occupational Insurance Pillar,\u201d he noted.<\/p>\n
Although both assets and technical provisions recorded increases of over 20% compared to 2024, the overall figures remain modest, as assets stood at 621 million euros and technical provisions at approximately 550 million euros for 2025.<\/p>\n
He predicted that the Occupational Insurance Funds will play a much greater role in the coming years, both as a pension institution and as an investment pillar, both domestically and at the European level.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
\u201cPublic pensions, on their own, will likely struggle to provide adequate replacement rates for workers in the future,\u201d …<\/p>\n","protected":false},"author":1,"featured_media":11468,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-11467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"acf":[],"_links":{"self":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11467"}],"version-history":[{"count":0,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/posts\/11467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=\/wp\/v2\/media\/11468"}],"wp:attachment":[{"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.tomanifesto.gr\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}