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The 120,000 Minimum Pension Is Coming – but How Much Pension Can You Actually Expect?

Summary by Bankmonitor.hu
According to the government's announcement, the minimum pension, which has been unchanged since 2008 and is currently HUF 28,500, will increase to HUF 120,000 from January 1, 2027. In this regard, it would be good to know how much pension you can expect. The truth is that the increase will almost certainly not affect you, because even someone who has worked on the minimum wage all their life would receive a pension of over HUF 120,000 – for this…
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The pension increase from 2027 will not mean 120,000 forints for everyone, because this amount will be the new minimum for the full old-age pension, which is subject to conditions.

According to the government's announcement, the minimum pension, which has been unchanged since 2008 and is currently HUF 28,500, will increase to HUF 120,000 from January 1, 2027. In this regard, it would be good to know how much pension you can expect. The truth is that the increase will almost certainly not affect you, because even someone who has worked on the minimum wage all their life would receive a pension of over HUF 120,000 – for this…

From January 1, 2027, the minimum pension will increase to 120,000 forints, and amounts higher than this, up to 146,000 forints, will be increased in bands. However, according to expert András Farkas, the government has set too narrow bands, so the measure will not necessarily ease tensions among pensioners.

János Bóka: The Tisza government should not punish those who have worked their whole lives!

·Budapest, Hungary
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The Fidesz faction leader is worried about pensioners with higher pensions. The post János Bóka: The government should not punish pensioners by raising the minimum pension first appeared on 24.hu.

·Budapest, Hungary
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24 HU broke the news in Budapest, Hungary on Monday, October 5, 2026.
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