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A nyugdíjrendszer helyzete és finanszírozhatósága
[The situation and the financial viability of the pension system]

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  • Vértesy, László

Abstract

As a result of the demographic processes, one of the major challenges facing aging societies is to ensure long-term and sustainable funding for old-age care. The Hungarian pension system is basically stagnating, and the political competition focuses only on welfare corrections, shattering the real and increasingly threatening threats. In recent years, however, several detailed studies and analyses have been published, which, according to internationally accepted norms of economics, anticipate the gradual lack of the Hungarian pension system. The analysis covers the following topics: legal and institutional background, retirement demographics, real value of pensions, reforms and problems affecting the pension system (private pension funds, reduced retirement opportunities, raising age pension fund ceiling, one-person personal income), pension funding and institutional system.

Suggested Citation

  • Vértesy, László, 2018. "A nyugdíjrendszer helyzete és finanszírozhatósága [The situation and the financial viability of the pension system]," MPRA Paper 90399, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:90399
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    File URL: https://mpra.ub.uni-muenchen.de/90399/1/MPRA_paper_90399.pdf
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    References listed on IDEAS

    as
    1. Carter, Lawrence R. & Lee, Ronald D., 1992. "Modeling and forecasting US sex differentials in mortality," International Journal of Forecasting, Elsevier, vol. 8(3), pages 393-411, November.
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    More about this item

    Keywords

    pension system; pensions; demography;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts

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