Voluntary Pension Fund Membership Edges Lower
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.
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