The Prospective Hungarian Pension Reform in an International Perspective - Overview

Professionals no longer dispute that reforming Hungary’s pension scheme is a must. The current structure, which carries substantial macroeconomic risks, is deemed unsustainable in the long run. There are a number of studies that underpin this, a most recent one of them is an analysis by Standard & Poor’s, which ranked Hungary 2nd among developed countries with the largest uncovered pension debt to 2050.