Support to the National Actuarial Authority of Greece for the preparation of actuarial valuation for one model pension fund for the 2027 Ageing Report

This project supports the National Actuarial Authority (NAA) of Greece in fulfilling its obligation to submit the actuarial projections required for the 2027 Ageing Report to the European Commission’s Economic Policy Committee Ageing Working Group (AWG) by December 2026. To achieve this objective, the ILO conducts the full actuarial valuation of one pension fund using the agreed AWG methodology and peer-review the implementation of recent legislative reforms in the actuarial model performed by the NAA. The ILO also provides technical guidance during the preparation of the actuarial outputs and carry out a pre-AWG peer review in 2026 to support the NAA in finalizing its submission. By combining targeted actuarial support and peer reviews, the project enables the NAA to meet the requirements of the 2027 Ageing Report and reinforce its ability to conduct future actuarial valuations independently

Project symbol

GRC/26/01/GRC

Admin unit

SOCPRO

Start date

19/03/2026

End date

31/12/2026

Total allocation

91632

Total expenditure

Status

Active

0

Development Partners

Greece, National Actuarial Authority

Country/Countries

Greece

Outcomes

Outcome 7: Universal social protection