Hungarian government to raise pensions by 2.7 pc

Pensions in Hungary will be raised by 2.7 percent next year, the head of the Prime Minister’s Office announced on Thursday.

Gergely Gulyás said that pensioners would also get a premium of an average 16,000-17,000 forints (EUR 49-53) each, adding that the move would cost the central budget a total 41 billion forints (EUR 12.7m).

Gulyás also said that wages for nurses will have been doubled by 2019, compared to 2012, and would be increased by another 72 percent by 2022.

People employed in the central public administration will benefit from an average 30 percent hike, while salaries in defence and law enforcement administration will also be raised by 25 percent, he added.

The government has instructed the justice ministry, the finance ministry and the national judicial office to prepare a draft to raise salaries for all judges to “remedy an unjust financial situation”, Gulyas said and suggested that the hike for judges could take effect in January 2020 the latest.

the hike for judges could take effect in January 2020 the latest.

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Answering a question, Gulyás said that minimum wages would also be raised next year, however, the government has not made a decision concerning its magnitude.

“The government will continue to grant its approval to the agreement of employers and employees on a minimum wage hike,” he said.

Source: mti