Pension reform blueprint confirmed

Finance Minister Tanczos Barna said on Thursday, regarding the special pension reform, that in his opinion, this reform can certainly be resolved in six months, as required by the PNRR. The official specified that the working options could also be an extension or increase in the retirement age and that, in the case of the tax reform, a different taxation system could be discussed. The Finance Minister was asked after the Government meeting wheth…

The pension amendment proposal, on which the social partners and the government have signed an agreement and is already in public discussion, gradually increases the required retirement age by two years from 2028 and extends the period for calculating the pension base.

The social partners have signed an agreement on the pension reform proposal, prepared by the negotiating group of the Economic and Social Council. Prime Minister Robert Golob once again stressed that the reform is necessary. The employer side is pleased that the contribution rate will not increase, while the Chamber of Crafts also points out that no drastic increases in contributions for sole proprietorships will be announced. The unions say tha…

Loreta Načajenė, Head of Luminor Investment Management, talks in this podcast about the potential consequences of pension reform – what reduces the stability of the pension system, what does not, and what we can learn from a similar experiment in Estonia.

The Minister of Labour, Antonio Sanguino, acknowledged that the current figures on the opportunity for transfer are an opportunity

Reading time 3 minutesThe Union of CDU and CSU wants to increase the earliest possible retirement age for insured persons with at least 35 years of contributions. According to previous regulations, it is possible to enter the old age pension at 63 years, but only with some significant reductions. In future, this early entry will be gradually postponed to 65 years of age. This project is part of the coalition negotiations between the SPD and the …