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December pensions will be paid early, but must last longer

SolidarityNovember 11, 20262-minute read
December's pension will be paid earlier, but you'll have to hold out for a long time
December pensions paid by bank transfer will reach recipients on 2 December rather than around the usual mid-month date. While the early payment may help with preparations for the festive season, the next pension will not arrive until 12 January.

There will be 41 days between the two payments, Economx reported on 11 November, citing the payment date published on the website of the Hungarian State Treasury (Magyar Államkincstár). The money received in early December will therefore need to cover both the Christmas period and the first days of January.

A longer gap between payments

Household spending is often higher during the festive season, and an early transfer can make it seem as though more money is available. In fact, the same amount will need to last for a longer period. Economx advises pensioners to review their upcoming expenses in November and, where possible, set aside money for December and January.

Postal deliveries follow a different schedule

The 2 December date applies only to pensions paid into bank accounts. Those who receive their pension in cash by post should check the December date shown in their own pension payment calendar.

According to information from Magyar Posta, Hungary’s postal service, cash payments are delivered according to a schedule and will not reach every recipient on the same day.

The main dates are 2 December for payments into bank accounts and 12 January for the next pension. Recipients who are paid by post should follow the date in their individual payment calendar.

Source: Economx

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