Budapest-The Hungarian government is moving to bolster financial security for its retirees with a proposed 14th month pension payment. Submitted to parliament by minister of National Economy Márton Nagy, the legislation outlines a phased rollout of the additional benefit, beginning in 2026, and supplementing the existing 13th month pension. If passed, the bill could significantly impact the financial well-being of pensioners across Hungary, with a full implementation of the increased benefit expected by 2030.
2025. 11. 29. 01:00
The legislation, published on the National Assembly’s website, outlines plans to provide retirees with an additional monthly payment each year, beyond the existing 13th month pension, beginning in 2026.
The proposal, submitted by Minister of National Economy Márton Nagy, details a phased implementation of the extra benefit. According to the bill, the 14th month pension will initially equal 25% of a retiree’s monthly benefit in 2026, its first year. The government intends to increase this amount to a full 100% by 2030.
Retirees would receive the 14th month payment alongside their regular February pension and the existing 13th month benefit, the proposal states.
Eligibility for both the 13th and 14th month pensions requires recipients to have received pension benefits for at least one day in the preceding year and in February of the payment year.
The benefits will be available to all those receiving pension payments, including old-age pensioners, survivor benefit recipients, and cooperative annuity holders.
The cabinet has also requested that the bill be added to the agenda of parliament’s session beginning Monday, with a vote scheduled for December 10. Details on Hungary’s 2025 pension age rules can be found here.
