IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Partial privatization of a pension system: lessons from Hungary

  • András Simonovits

    (Institute of Economics, Hungarian Academy of Sciences, Budapest, Budaörsi, Hungary)

On 1 January 1998 a three-pillar pension system was introduced in Hungary. It will replace about a � of the existing unfunded public system by a funded private system from 2013. The transition to this 'mixed system' is obligatory for those entering the labour market after 30 June 1998 and optional for the current labour force. Meanwhile the public pillar is also being reformed. This article assesses and evaluates these important developments. Contrary to expectations, the current government has made important changes to the on-going reform programme. These changes threaten to make benefit entitlements under the mixed system less attractive than envisaged. Despite significant funding problems within the unreformed public system, the partial privatization of the public system may cause more problems than it solves. Copyright © 2000 John Wiley & Sons, Ltd.

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 12 (2000)
Issue (Month): 4 ()
Pages: 519-529

as
in new window

Handle: RePEc:wly:jintdv:v:12:y:2000:i:4:p:519-529
Contact details of provider: Web page: http://www3.interscience.wiley.com/journal/5102/home

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Feldstein, Martin, 1996. "The Missing Piece in Policy Analysis: Social Security Reform," American Economic Review, American Economic Association, vol. 86(2), pages 1-14, May.
  2. Andras Simonovits, 1999. "The New Hungarian Pension System and its Problems," IEHAS Discussion Papers 9901, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  3. Kornai, Janos, 1997. "The Reform of the Welfare State and Public Opinion," American Economic Review, American Economic Association, vol. 87(2), pages 339-43, May.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:wly:jintdv:v:12:y:2000:i:4:p:519-529. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)

or (Christopher F. Baum)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.