Average pension premiums of 60 euros and pension supplements of 33 euros to be paid in November

The average amount of the pension premium will be HUF 20,160 (EUR 60), while that of the pension supplement will be HUF 11,000 (33 euros) this year. Pensioners will receive them in one sum in November, Prime Minister Viktor Orbán said at the meeting of the Council of the Elderly held in the Parliament Building on Tuesday.

He observed that, based on the agreement concluded with pensioners, the pension premium is related to the favourable performance of the economy, while the pension supplement is tied to the rate of inflation.

At the meeting held on the occasion of the International Day for Older Persons, the Prime Minister also recalled that in previous years pensioners had received various benefits from time to time in the form of Erzsébet Vouchers,

while this year – as the Erzsébet Vouchers have been phased out – they received household utility vouchers as financial assistance.

He also said that, as part of the family protection action plan, child care allowance will also be available to grandparents from 1 January 2020. In this regard, he cited a survey which concludes that there is a close correlation between the readiness of young people to have children and grandparental assistance, meaning that young people find it easier to decide to start a family if they know that there are grandparents whom they can rely on.