In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …

In Hungary, average initial old age pensions have risen much faster than average pensions over the past decade. Several … importance. In most countries, initial pensions are determined on the basis of a wage path of several decades, and nominal … initial pensions. The paper examines several aspects of this issue, including the plausibility of a significant decline in the …

education and family status. The paper was commissioned by the Roundtable on Pensions and Old-Age People, a think-tank working …

reform. The plan is to be discussed publicly and made into a law. The last public and detailed pension package was a Working … found it worthwhile to outline a rational pension reform package, which would make the current system more efficient and … conditions of achieving such a reform. …

background, retirement demographics, real value of pensions, reforms and problems affecting the pension system (private pension …