The camouflage, a liar left serving foreign interests, periodically repeats the mantra that "Zorba has pushed down private pensions," so we are now refuting the lies again. Let's see the reality! But not just so, shouting, but factually, with dates, percentages, amounts, links, and so on.

Our article consists of 3 parts: a brief summary at the beginning, in more detail on the reform of the private pension system and the development of the pension system over the last 12 years, plus another article by another person at the end.

Let's look first at what Fidesz did! This writing includes all the raises and benefits for the past 12 years, plus a specific example for the current year.
https://szamokadatok.hu/Post/4462/Tudtad

1. Facts in brief.
- Based on a 1997 decision, it was MANDATORY to join a private pension fund from 1998 because it is so “democratic”
- In 2010, the system became OPTIONAL. 97 percent of people have opted for a state pension! Anyone who wanted to stay in the hands of stock market sharks could make a statement. Anyway, anyone can open a private pension fund account since then.
👉Summary, it was the left that forced the private pension fund system on Hungarians against the will of the majority of the people, Fidesz was the one who made it optional. Thus, it is not Fidesz that needs to be disturbed, but the robbers who privatize, camouflage, lie and anti-Hungarian left-liberal politicians.

2. How has the pension system developed in the last 10 years? Facts explained.

The Viewpoint Institute also talked about retirees:
“The purchase value of pensions has not only been maintained but also increased by 10 per cent, the per capita value of old-age social benefits in units of purchasing power was 1529.3 in 2010 and 1766.5 in 2018. Among the economic measures, it is symbolic that the Government will gradually restore the 13-month pension withdrawn in the spring of 2009 from 2021. ”

In addition:
The average pension of HUF 97,259 in 2010 increased to HUF 142,114 (1) by 2019 (46.1%), while inflation was 27% in the same period (2), so the increase in the average pension was 19% higher than inflation.

The 13-month pension has been taken away by left-liberals (3) and meanwhile they have to face constant criticism of the pension system. As of July 1, 2009, the government of Bajnai abolished the 13-month pension and abolished the pure Swiss indexation, which takes into account inflation and expected net earnings growth in half. Even in return, they introduced the then economically unthinkable pension premium, as GDP growth at that time did not reach 3.5%, which is a basic condition for the pension premium. Sounds nothing to hold it tight! Furthermore, they abolished the Swiss indexation (3), ie introduced the rule that if GDP growth remains below 3%, pensions will increase only at the rate of inflation, between 3-4% and 80-20%. as a function of net average earnings, between 60% and 40% as a function of inflation and net average earnings, and from 5% to 50-50% according to classical Swiss indexation.

From 2012, raising pensions will only be linked to inflation.
Left-liberals, of course, scream about pensions (4). Let's examine the legitimacy of their screaming. In 2009, their 13-month pension was abolished, so they could have screamed, but they didn’t scream because it was arranged by the Bajnai. In 2010 and 2011, GDP did not grow above 3.5% (5), so pensions certainly increased with inflation: no difference, the Bajnai-half pension system was in use.

According to the new pension system introduced from 2012, as well as according to Bajnai's version, pensions would have increased in 2012 and 2013 only with inflation, as GDP grew by less than 3%. In 2014, GDP increased by 4.2%, inflation was -0.2% and average earnings increased by 3%, in 2015, with GDP growth of 3.8%, inflation was -0.1%. and the increase in net average earnings reached 4.3%. According to mathematics, pensions should not have increased in these years, but increased by 2.4% in 2014 (6) and 1.8% in 2015 (7). In 2016, GDP growth did not reach 3%, there is no debate about raising pensions.

From 2017, however, retirees would have been better off if net wage growth had been taken into account at 60% in 2017, 50% in 2018, and 60% in 2019. However, the pensioners have already received the pension premium in these years, and they have also received the overhead voucher and the Elizabeth voucher.

From 2020, the 13-month pension will be gradually rebuilt over 4 years, which can be converted into a 2% annual increase over 4 years in addition to inflation.

Working pensioners can benefit from a contribution exemption from 1 July 2020, which represents a 14% increase in earnings (8).
Turning to private pension funds, the analysis reads as follows:
"The government has encouraged private pension fund members to return to the state pension system, considering the second pension pillar created by the 1997 pension reform to be too costly and inefficient, and the measure has stabilized the Hungarian pension system."

In addition: The private pension fund (manyup) received almost the full amount of the employee's pension contributions, while the employer's part went to the state pension fund.
The state pension fund operates on a pay-as-you-go basis, ie on the basis of income expenditure. Pensions are paid from pension (in-kind) contributions received from employees. If the income is less than the expenditure, it must be obtained from elsewhere, as the payment of pensions is mandatory in Hungary.

Over time, more and more people entered the labor market by paying part of their pension contributions to manyup, i.e. not to the state. The proportion of active workers has not increased properly, with many rushing to retire at a young age. GDP growth fell well short of the expected 5%, the general government deficit was unsustainable, inflation subsided, the operating cost of manyups was multiplied by 0.3% of capital, and pensions had to be paid. These factors caused the operation of manyup to put a total burden on public finances of almost HUF 3,000 billion by 2010, with the situation deteriorating every year.

The economic conditions necessary for the operation of manyup have only been provided by the Orbán government in recent years.
When the Orbán government restored the pension system in 2011 (97% of manyup members automatically retired to the state pension, compulsory entry was abolished), it nationalized HUF 3,000 billion in manyup assets.

Half of this was in high-yield government securities, which meant debt to the state. Because the state cannot owe it to itself, these government securities were simply drawn, resulting in a one-time, drastic reduction in government debt.

Of the remaining amount, the state paid pensions, family allowances, created jobs, and provided tax relief to families, which basically contributed greatly to the start-up of the economy.

So there is no question of theft, just malicious and / or ignorant lies from the left-liberal fake news media and their guided readers. By eliminating manyup, Hungary escaped many HUF 1,000 billion in unnecessary spending and debt (9).

3. One more summary on private pensions, understandably, clearly.

One of my favorite topics on the left-liberal side is private pensions. According to them, "Viktor Orbán stuffed his friends 'old-age savings into his friends' pockets." So let us be aware of the issue of private pensions as well.

The Horn government has introduced a voluntary private pension fund scheme to "encourage" the World Bank. In addition to the payments made by the population, the government "supported" these funds with HUF 30,000,000 (!!!) per month.

Where was thirty billion a month for this ?! Well, out of credit !!! Where did the loan come from ?! Busy interest rates from private banks! And these banks and private pension insurers have, thanks to gratitude, "backed up" the bank accounts held abroad by members of the government calling for the introduction.

The 30 billion monthly interest and the 40 billion annual interest added cost the taxpayers HUF 400 billion a year! That is, these private funds generated 400 billion in public debt a year! During their thirteen years of operation, approx. 5,000 billion has been caught in the treasury! What a great deal to do in the state as a mask, isn't it ?!

This huge deficit has made huge holes in the budget. All this was diligently falsified by Jani Veres in the EU budget reports at the request of Ferenc Gy. "Hundreds of tricks that you obviously don't need to know helped us survive this." (From Gy.F. Öszödi's speech)

Soclibian governments have put their favorite banks and insurers in a position to the detriment of the Hungarian people! What is the similarity between the destruction of foreign currency borrowers and private pension funders ?! Banks and insurers are always the beneficiaries of vile betrayals! But what could we expect from such bank governors ?!

And now pay close attention! From the state approx. 5,000 billion migrated to MANYUP. However, in 2010, only HUF 2,400 billion in assets were returned when the system was liquidated! Where did the 10-12 year payments go, and most of the money received from the state ?! Disappeared in stock exchanges and other mazes!

On the other hand, the managers of the funds stationed in Hungary regularly received billions in rewards! There was a fund whose executives remitted 5 billion home to their account during the crisis, while most of the savings were gone! And after that, do any of the opposition dare to say that Fidesz stole the pensions of millions of contributors ?! Of course he dares, because he is a mean, lying villain! After all, now they also dare to call people to a demonstration. To protest against those who have put order and do it.

How many more junk circuses are still being practiced on the streets, scolding the people to overthrow the government ?! Why should the government elected eight years ago be overthrown ?! After all, he won an unprecedented proportion of democratic elections in Europe. We voted for them ourselves, not the Hottentots! Oh yeah, I get it! For by them all vile things are brought to light.

We have been listening for eight years that Fidesz has stolen pensions. We've been listening for eight years that "Zorbán" destroyed people. For eight years now, the entire opposition has been shedding lies in the MANYUP case. Viktor Orbán has been tolerating severe, lying slanders for eight years.
The reality, however, is that the existence of a socialist-liberal system was violence itself!

The cadres of the socialist-liberal system stole the payers! They have committed worldly meanness to us! Millions of Hungarians have been stolen and stolen, and now there is skin in their image in a canon that the "mafia government is destroying the workers and not caring about the retirees".

Meanwhile, no one can present a law that would have obliged the government to retire into the state pension system! It was optional; we either stay private or go back to the state. Contrary to the binding decree of the Socialists!

Since the reorganization of the pension system was also voted on by the entire Jobbik faction, their accusation is now extremely strange. As a result of the leadership of their voters and sympathizers, today the right-wingers are the loudest defenders of the betrayals of the soclibs!

The good intuition of the population was shown by the fact that most of them fled back to the secure state system, because the private coffers could show almost nothing of their 10-12 years of payment! Not only would the deposit collected from them have increased, but even from it, only crumbs of what we had entrusted to them remained, to be treated carefully!

So much for that...

Details:
1.https://www.ksh.hu/docs/eng/xstadat/xstadat_eves/i_fsp001.html
2.https://www.ksh.hu/docs/eng/xstadat/xstadat_eves/i_qsf001.html
3.https://www.jogiforum.hu/hirek/20569
4.https://merce.hu/2020/04/20/atlagosan-3600-forintot-vesz-ki-a-nyugdijasok-zsebebol-az-inflacio/
5.https://www.ksh.hu/docs/eng/xstadat/xstadat_eves/i_qpt001.html
6.https://adozona.hu/tb_jarulekok_nyugdij/Nyugdijemeles_2014_1Y5XOL
7.https://www.origo.hu/gazdasag/20141222-kisebb-lesz-a-nyugdijemeles-2015-ben.html
8.https://www.kormany.hu/hu/nemzetgazdasagi-miniszterium/adougyekert-felelos-allamtitkarsag/hirek/az-uj-jarulekszabalyok-evente-350-milliardot-hagynak-a-csaladoknal-a-lakossagnal-es-a- with businesses
9.https://szamokadatok.hu/Post/427/Tenyleg_ellopott_a_Fidesz_3000_milliardot

Source:https://szamokadatok.hu/Post/1698/Nyugdijasok_nyugdijrendszer_megreformalasa
The cadres of the socialist-liberal system stole the payers!
https://flagmagazin.hu/mondom-a-magamet/a-magannyugdijpenztar-gate