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Instead of the 3 percent already approved, the National Association of Retired Parliament requests a 4 percent pension increase from January. And that in the future the increase in pensions will not be adjusted to the generalized rise in inflation, but rather to the increase in the real consumption of pensioners.
By the way, the organization is requesting a larger increase in pensions, referring to the MNB’s December 2020 inflation report. Magyar Nemzeti Bank expects a price increase of 3.8% to 4% by 2021. However, in terms of food prices, prices are expected to increase by 4.6 to 4.8 percent on next year. While the government decided to increase inflation-adjusted pensions of 3 percent earlier this summer.
According to the National Association of Retired Parliamentarians, the planning error will severely affect the retired society, since the 3% pension increase scheduled for January 1 will not keep pace with the price increase projected by the MNB of 3.8 % to 4% will not compensate for the difficulties in the living conditions of the elderly.
We ask the government, based on the authorization granted by law, to set the increase in pensions on January 1, 2021 at 4 percent instead of the expected rate of 3 percent.
– stressed. Additional:
We do not consider it fair that, in the absence of a correction at the beginning of the year, retirees return to lend to the Government until a possible correction in November.
– The National Association of Retired Parliament wrote in a statement on Monday.
Is the unsustainable situation of almost 300,000 pensioners living below the poverty line enough for the government to undertake reform?
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