Turn in retirement age: INSS confirms it and changes the rules of the game

A Hungarian man's retirement years last an average of 13-14 years, and a Hungarian woman's 20-21 years, but due to the preferential pension, the current EU trend would increasingly justify raising the age limit.

The National Institute of Social Security (INSS) has announced a reform that marks a before and after on access to pension and will begin to apply from next month. Far from focusing solely on delaying retirement age, the new approach introduces more options, more flexibility and, above all, new incentives for those who consider continuing to work or withdraw progressively. A change that will affect thousands of people who are close to reaching r…