In the past few years the Pension Protection Fund required a contribution of 600-700 billion forints from the central budget. What is more, the state pension system would have closed with a deficit of 800 billion forints in 2011 but for the measures of the Orbán government in 2010.

The expenditure on pensions is high even in an international comparison and as a consequence of the deteriorating demographic indicators, the problem can become even graver. To rectify the situation, the government focuses on two areas, increasing employment and putting an end to the decrease of population.

You can find more details in the attached document.

(Ministry for National Economy)