← Overview Database of Innovative Social Policies in Europe
Abolishment of Thirteenth-month pension bonus
Country of implementation
Hungary
General short description of the innovation
Thirteenth-monthΠstate pension bonus was abolished
Target group
Older Workers
Policy Field
- pension
Type of Policy
- public
Duration of the policy
starting date: Jul 2009
Scope of innovation
- Scope: structural
- Budgets: cannot be interpreted in that context
- Number of intended beneficiaries: More than 2.5 million people, the pensioners are affected by the measure
- Spatial coverage: national
General description of (intended) objectives and strategies
This social protection measures means changes in the financing of social security system
Nature of the innovation-long-term perspective
long term
Type of innovation
- new policy, practice or measure
New outputs
- benefit level
Intended target group
Elderly, pensioners
Employers-private institutional actors
not involved
Actors involved in policy-making/implementation and/or evaluation
- making/implementation and/or evaluation-agency or national social insurance body
- making/implementation and/or evaluation-beneficiaries/users
- making/implementation and/or evaluation-central state
Intended output
- others (reducing the expenditure of the central budget)
Intended and unintended outcomes
100%
Clarification of outcomes in terms of impacting resilience and labour market inclusion
Reducing the pensioners¡ income can increase labour supply and or can cause a displacement effect, pensioners going back to the labour market can compete for jobs with active age workers. / /
