THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS

Financial security during retirement years is a burgeoning issue in Europe. The role of self-care is becoming more significant, by the escalating number of people joining pension funds or starting other savings. In the future, the role of these institutions will be even more valued due to demographi...

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Main Authors: József MENYHÉRT, Gábor SÜVEGES
Format: Article
Language:English
Published: University of Oradea Publishing House 2023-09-01
Series:Oradea Journal of Business and Economics
Subjects:
Online Access:http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2023/09/OJBE-82_73-81.pdf
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author József MENYHÉRT
Gábor SÜVEGES
author_facet József MENYHÉRT
Gábor SÜVEGES
author_sort József MENYHÉRT
collection DOAJ
description Financial security during retirement years is a burgeoning issue in Europe. The role of self-care is becoming more significant, by the escalating number of people joining pension funds or starting other savings. In the future, the role of these institutions will be even more valued due to demographic changes. The trends are clear: pensions will be a significant issue in the upcoming decades. By contrast, the level of interest exhibited by the youth remains limited regarding pension funds. The research was oriented towards to answer the following question: given the current pension system, what are the attitudes of Hungarian students/young workers aged between 18-25 – who will form the basis of the labor market in the future – towards self-care. Quantitative, questionnaire-based survey research designs were adopted to provide the attitudes, financial awareness and self-care level of students.
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spelling doaj.art-25ac5498ec804e2cb9f4fafe7dcc0d762023-10-05T12:16:37ZengUniversity of Oradea Publishing HouseOradea Journal of Business and Economics2501-35992023-09-0182738110.47535/1991ojbe174THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTSJózsef MENYHÉRT0Gábor SÜVEGES1Institute of Accounting and Finance, Faculty of Economics; University of Miskolc, Miskolc, HungaryInstitute of Accounting and Finance, Faculty of Economics; University of Miskolc, Miskolc, HungaryFinancial security during retirement years is a burgeoning issue in Europe. The role of self-care is becoming more significant, by the escalating number of people joining pension funds or starting other savings. In the future, the role of these institutions will be even more valued due to demographic changes. The trends are clear: pensions will be a significant issue in the upcoming decades. By contrast, the level of interest exhibited by the youth remains limited regarding pension funds. The research was oriented towards to answer the following question: given the current pension system, what are the attitudes of Hungarian students/young workers aged between 18-25 – who will form the basis of the labor market in the future – towards self-care. Quantitative, questionnaire-based survey research designs were adopted to provide the attitudes, financial awareness and self-care level of students.http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2023/09/OJBE-82_73-81.pdfpension systempaygself-carepension fundsretirement
spellingShingle József MENYHÉRT
Gábor SÜVEGES
THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
Oradea Journal of Business and Economics
pension system
payg
self-care
pension funds
retirement
title THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
title_full THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
title_fullStr THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
title_full_unstemmed THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
title_short THE SELF-CARE IN PAYG PENSION SYSTEM OF STUDENTS
title_sort self care in payg pension system of students
topic pension system
payg
self-care
pension funds
retirement
url http://ojbe.steconomiceuoradea.ro/wp-content/uploads/2023/09/OJBE-82_73-81.pdf
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