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Identifier to cite or link to this item: https://hdl.handle.net/10086/14491

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Title
Hungarian Pension System: The Permanet Reform
Creator
Creator Name
Simonovits, Andr?s Simonovits, Andr?s
Affiliation
Affiliation Name
Hungarian Academy of Sciences
Editor
Contributor Name
世代間問題研究プロジェクト（世代間利害調整） = Setting Options for Fair Distribution of Well-being among Different Generations, Project on Intergenerational Equity
Abstract
On January 1, 1998 a three-pillar pension system was introduced in Hungary. It is replacing about 1/4 of the existing unfunded public system by a funded private system. The transition to this mixed system was obligatory for those entering the labor market after June 30, 1998 and optional for the current labor force. Meanwhile the public pillar is also being reformed. The current (1998-2002) government has made important changes to the on-going reform program started by its predecessor: The benefits under the mixed system will be less attractive than envisaged, the participation in the mixed system is not mandatory for the entrants to the labor force since the beginning of 2002 and the public pillar is to be based on the virtual individual accounts (NDC). There is a danger that the permanent changes will further weaken the trust in the mandatory (public and private) pension system.
Description
February 25, 2002
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2002-03
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Discussion Paper ; No. 61
Relation
Related Identifier
URI
  http://www.ier.hit-u.ac.jp/pie/stage1/Japanese/top.html
NCID
AA11851730
Number of Pages
25
Sponsorship
科学研究費補助金（特定領域研究） = Grant-in-Aid for Scientific Research on Priority Areas
Appears in Collections
Discussion paper / Setting Options for Fair Distribution of Well-being among Different Generations, PIE
URL
https://hdl.handle.net/10086/14491