next year as well , said Géza Sebestyén, head of the Mathias Corvinus Collegium (MCC) Economic Policy Workshop.
The expert reminded on Sunday evening on the current channel M1: despite the economic crises, the real value of Hungarian pensions has increased by around twenty percent since 2010 thanks to the government's measures (such as pension increases, the introduction of the thirteenth monthly pension, pension premiums).
In next year's budget, the government has planned the payment of pensions, which will increase by six percent in line with the estimated rate of inflation, and the payment of the 13th pension, which will increase by the same amount, as well as - if the GDP growth in 2024 is around the expected four percent - also for the pension premium those entitled to benefits can count on, Sebestyén pointed out.
If inflation is higher next year than currently expected, this will be followed by a retroactive correction, i.e. the government will provide pensioners with increases equal to the rate of inflation.
According to Géza Sebestyén, the poverty indicators of Hungarian pensioners have improved a lot since 2010, and today the country is in second place in Europe: while in Germany every fifth pensioner and in some of the Baltic states every second pensioner is threatened with impoverishment, in Hungary only one in eight - highlighted.
MTI
