Voluntary pension fund assets exceed HUF 1 trln

Assets of members of Hungaryʼs National Association of Voluntary Pension Funds (ÖPOSZ) reached HUF 1.095 trillion at the end of June, up 4% from twelve months earlier, the organization said, according to Hungarian news agency MTI.

Member contributions rose 11.5% during the period, while employer contributions were up 5.8%.

The fund counted 1,060,000 members at the end of the period.

Assets of the funds have risen by about 40% in the past four years.

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