Under the bill, pensionersʼ cooperatives could be established in the framework of which pensioners could return to work under preferential conditions, according to Hungarian news agency MTI. The cooperatives would be legally similar to student cooperatives that have helped students find employment in Hungary.
The bill aims to provide pensioners with a “fair income” and with “payroll tax preferences,” as well as to support mentoring relationships between the older and younger generations and help the elderly in maintaining contact with society.
Those pensioners who work in the scheme would be exempt from pension and healthcare contributions, while pensionersʼ cooperative members who are compensated with food vouchers would be exempt from personal income tax.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
