Government gradually rebuilding 13-month pension
The 13-month pension will be gradually rebuilt, according to Minister of the Prime Minister’s Office Gergely Gulyás, writes penzcentrum.hu.
In 2021, a quarter of an extra month’s pension will be added, in 2022 a half, in 2023 a quarter, and in 2024 a full month’s pension will be contributed to pensioners.
Thereafter, beneficiaries will receive a full 13-month pension each year.
Prime Minister Viktor Orbán announced on April 6 that, in order to provide financial protection for the elderly, the government would bring back the 13-month pension in installments, penzcentrum.hu adds.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
Cordia’s Marina City Project Begins
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
.jpg)
