Czeglédi, Tibor and Simonovits, András and Szabó, Endre and Tir, Melinda (2017) What has been wrong with the retirement rules in Hungary? Acta Oeconomica, 67 (3). pp. 359-387. ISSN 0001-6373
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Abstract
A basic problem with the ever-changing Hungarian retirement rules has been that they created excessive shares of gainers and of losers. Certain workers with long (and continuous) employment could retire well below the normal retirement age (NRA) with full benefit. Other workers, with fragmented and therefore short employment had to work until reaching the ever rising NRA. A peculiar consequence of these rules is the strong negative correlation between the retirement age and the length of contribution. Moving in the direction of a fair system, like the Nonfinancial Defined Contribution system, would improve sustainability and fairness.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| Depositing User: | Ágnes Sallai |
| Date Deposited: | 09 Nov 2017 12:47 |
| Last Modified: | 30 Sep 2019 23:15 |
| URI: | http://real.mtak.hu/id/eprint/67358 |
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