Socialists Warn of Growing Poverty among Pensioners

The gap between pensions and wages is growing, and a growing number of Hungarian pensioners are experiencing poverty, the Socialist (MSZP) head of parliament’s welfare committee said on Tuesday.
Lajos Korózs told an online press conference that at the end of 2019, as many as 270,000 pensioners were among the poorest ten percent of Hungarians, going up from 26,000 in 2010.
Pensions are “polarised”, and the system has become “rigid” so very few can choose early retirement, he said.
While 11.2 percent of GDP …
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Socialists Warn of Growing Poverty among Pensioners

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