Background: The area of pension expectations in Hungary is barely researched. However, the importance of adequate financial literacy and self-provision is becoming obvious at the economic, the decision-making, and the individual level. Objectives: Our research is conducted to investigate state...

This paper takes a look at certain results of the modelling side of the Hungarian pension reform. Preparations are underway to implement actuarial modelling of pension liabilities for the government. The objective is to understand how the state might face challenges of the present pay-as-you-go...