Voluntary Pension Fund Membership Edges Lower

Figures

Membership in pension funds of the National Association of Voluntary Funds (Öposz) edged down 1% to 1,062,000 last year, the association's chairman Csaba Nagy said on Thursday, according to a report by state news wire MTI.

Payments into the funds rose 3% to HUF 120 billion, Nagy said. Employer contributions accounted for 32% of the total.

Membership in Öposz healthcare funds increased by 4% to 982,000. Payments into the funds climbed 20% to HUF 60 bln. Employer contributions made up 14% of the total.

Öposz members account for 97% of domestic voluntary pension funds and 90% of healthcare funds.

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023 Banking

Lenders' Home Loan Outlays at HUF 344 bln in H2 2023

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo... Government

Gov't Awards HUF 6.5 bln of Subsidies to SMEs in Underdevelo...

Hungary's Largest ESG Consultancy Formed by Merger of EY, De... Deals

Hungary's Largest ESG Consultancy Formed by Merger of EY, De...

Hungary Launches HUF 15 bln Tourism Sector Support Program Tourism

Hungary Launches HUF 15 bln Tourism Sector Support Program

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.