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Nyugdíjreform folyt. köv.? Pension Reform To Be Continued?

Nyugdíjreform folyt. köv.? Pension Reform To Be Continued?. Bodor András “PENSION REFORM IN HUNGARY: DO WE NEED ONE (PILLAR) MORE?” symposium Washington DC, September 30, 2005.

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Nyugdíjreform folyt. köv.? Pension Reform To Be Continued?

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  1. Nyugdíjreform folyt. köv.?Pension Reform To Be Continued? Bodor András “PENSION REFORM IN HUNGARY: DO WE NEED ONE (PILLAR) MORE?” symposium Washington DC, September 30, 2005

  2. Kihívások I. - Demográfia és foglalkoztatottságChallenges I. - Demography and Employment Forrás / source: Augusztinovics (2005)

  3. Kihívások II. - Pénzügyi fenntarthatóságChallenges II. - Financial Sustainability Forrás / source: Nemzeti stratégiai jelentés a megfelelő és fenntartható nyugdíjakról 2005 - MagyarországNational Strategy Report on Adequate and Sustainable Pensions 2005 - Hungary

  4. Pénzügyi fenntarthatóság II.Financial Sustainability II.

  5. Pénzügyi fenntarthatóság III.Financial Sustainability III.

  6. További kihívások - Other Challenges • Adverse incentives • underground economy participation • “escape” to retired status • Political risks

  7. Mi az NDC? – What is NDC? • Accounting of contributions and its returns on individual accounts • Pay-as-you-go system • Account balance is used to purchase a pension annuity through actuarially fair calculation • Sustainable long-term financial balance by construction • Flexible retirement age • Incentives for participation in the formal employment sector and for longer active trajectories

  8. Ne azt kérdezd, hogy mit tehet az ország a nyugdíjrendszerért – azt kérdezd, hogy a nyugdíjrendszer mit tehet az országért.Ask not what your country can do for the pension system - ask what the pension system can do for your country. 

  9. Öregkori jövedelembiztonság és társadalmi szolidaritás – Old-Age Income Security and Solidarity • 400,000-500,000 people without collecting pension rights • 30% of contributors report minimum wage (and collect pension rights at minimum wage level) • No income based redistribution in a clear-cut NDC system • Minimum old-age income guarantee options • Minimum pension within the NDC system • Means-tested income supplements • 0. pillar – resident basic flat pension (from a significantly higher age than the effective retirement age)

  10. Kötelező pillérek harmóniája – Harmony of Mandatory Pillars

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