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Dimenzió and Aranykor pension funds plan to merge

Hungary's Dimenzió and Aranykor pension funds are planning to merge, the business daily Napi Gazdaság reported.

Napi Gazdaság wrote that Dimenzió will recommend at its AGM next week that the company merge with Aranykor on June 30, proposing that each member who agrees to transfer to Aranykor receive a payment of HUF 21,000 (€76.38). Aranykor would engage most of Dimenzió's employees if the merger takes place, the newspaper noted.

Dimenzió had 12,900 members in 2009, while Aranykor had 72,900. (MTI – Econews)