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Long term sustainability is the key issue that has to be addressed by policymakers regarding the Greek welfare system.

Faced with unfavorable demographic developments involving a declining number of contributors relative to an increasing number of pensioners, a high level of unemployment, a rise in undeclared labour and a fragmented pension system, the need to rethink and redesign the structure of the Social Security System has become apparent. Only through the implementation of a wide reform program can these challenges be addressed effectively.

The Public Sector Department of Grant Thornton, with experienced staff available can support the social security funds by providing appropriate audit and advisory services in order to address their needs.