Pension reforms in Poland and Hungary from the Legal Perspective – similarities and differences
Pension reforms in Poland and Hungary from the Legal Perspective – similarities and differences

Summary/Abstract: The success or failure of national pension policies and reforms has ever stronger repercussions beyond national borders, because the economies and societies of the Member States are becoming more and more integrated. This article is an attempt to compare legal solutions and their resonances for the pen- sion systems of two countries – Poland and Hungary. These states have a similar history and similar experiences. Noting the far-reaching similarities both in the process of public system reform and its reversal was the pretext of such an attempted comparison, and its results were obtained by the au- thors using normative analysis. Hungary and Poland have higher shares of pension expenditures than the average level. The lack of sufficient pension contributions led to an increase of the public debt to a dangerous level. So the direct reason for the Polish and the Hungarian changes are purely fiscal and come down to improving the situation of public finances.

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