Two-Third Of Hungarians Expect To Work In Retirement
- 5 Aug 2016 9:00 AM
Some 64% of Hungarians believe that they will have to work to support themselves beyond the age of retirement, and only 3% expect to live off their pension, an OTP report has found.
Csaba Nagy, executive director of the OTP Pension Fund, said this could lead to a point where the peaceful years of retirement disappear and a significant number of people will have to work in their last years.
András Ertl, manager for customer relations at GfK Hungária, said only 40% of those aged 15-69 have some form of savings.
Source: Hungary Around the Clock
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