Retirement age: Retirement age 68: Greece's employees will soon have to work longer
The EU Commission expects Greece to raise the statutory retirement age to 68 by 2030. A model for Germany?
Greece's retirement age may increase to 68 by 2030 and potentially to 72 by 2080, according to the European Commission's "Ageing Report 2027". This is due to a mechanism linking the retirement age to life expectancy, which was introduced in 2021. The country's workforce is expected to decline, with a low birth rate of 1.2 children per woman, and the population is projected to shrink from 10.4 million in 2025 to 7.6 million in 2080.
As a result, fewer contributors will be supporting more pensioners, and people are expected to work longer, with the average age of leaving the workforce rising to 68.6 years by 2080.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
