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Union alliance MASZSZ proposes 15 percent pension increase

Trade union alliance MASZSZ asks for a 15 percent pension increase from January and a one-time payment of 50,000 forints for pensioners receiving less than 160,000 forints (EUR 391) per month, the union said on Monday.

MASZSZ leader Robert Zlati said in a statement that the government’s calculation of a 4.5 percent pension hike for 2023 had been “either deliberately wrong or grossly incorrect”. The raise should have come to 6.1 percent, he said.

After consulting pension experts, the alliance demands a 15 percent increase from next January, to keep abreast of inflation, he said.

Low-income pensioners will need a one-time subsidy because “Hungary has seen the fastest food price hikes in the European Union, burdening pensioners at a time when utility costs are also growing drastically,” Zlati said.

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