Pension (nyugdíj)

Nyugdíj (Pension)

In Hungary, the pension system provides regular financial support to elderly people who have worked and paid social security contributions (called “TB”) during their careers. This monthly payment is called nyugdíj.

To be eligible, you usually need:

·       to be at least 65 years old,

·       and to have worked and paid TB for at least 15 years.

The amount of pension you receive depends on how many years you worked and how much you earned. If you worked in another country, Hungary may count that time toward your pension if there is an agreement between the two countries (e.g. within the EU).

The pension is not granted automatically; you need to apply for it and submit the required documents for the application.

You can apply for your pension at the local government office (or district office) or at the Budapest Capital Government Office if you live in Budapest.

You may also be eligible for rokkantsági nyugdíj (disability pension) if you are under retirement age but unable to work due to a long-term illness or disability. This type of pension is available to those who:

·       have paid social security contributions for several years,

·       have a significant health condition certified by a medical review board,

·       and are no longer able to earn income from work.

This support is usually assessed through a complex application process, including medical examinations. If you're unsure about eligibility, ask a social worker or contact the local district office.

Learn more: https://www.allamkincstar.gov.hu/nyugdij