, reallocation of net income is not the only change. At present, pension contributions are proportional to gross earnings, while … pension benefits are proportional to net earnings. If this situation does not change, a substantial deficit in the pension …

mandatory funded pillars of the Hungarian pension system have been operating simultaneously since 1998. This reform, seen as … paradigmatic, has undergone several changes in recent years, designed essentially to alter the pension parameters. Discourse on … pension reform has become general again throughout the world. The pension debates in Hungary have focused less on the rising …

-maker's choice amongst the pension fund's life annuities in Hungary. Hungarian pension funds have not started providing annuities yet … differentiate between sexes. Pension fund members can choose among different types of life annuities (e.g. they can choose guarantee …