Gov’t to take steps enforcing mandatory retirement for some public sector workers

Sights

Hungary's cabinet members have until the end of January to take steps enforcing mandatory retirement for public sector workers who have reached pension age and have worked long enough to earn full pension, a recently published government resolution shows.

There are general exceptions to the mandatory retirement rule only for instructors, teachers or researchers at state universities. Particular exceptions exist for other state employees based on case-by-case government reviews.

Positions vacated by employees for who retirement is mandatory may not be filled, neither by consulting or corporate contract.

Additionally, budget institutions are barred from hiring people who have reached the pension age and have worked long enough to earn a full pension.

ADVERTISEMENT

CIG Pannónia Board Proposes HUF 18-per-share Dividend Figures

CIG Pannónia Board Proposes HUF 18-per-share Dividend

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

IBS Reaches 50-50% Gender Ratio in Management HR

IBS Reaches 50-50% Gender Ratio in Management

Sümeg Castle Reopens History

Sümeg Castle Reopens

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.