Hungary Slashes Lawmakers' Pay: Here's How Much Salaries Will Drop.

Hungary Overhauls Parliamentary Compensation

According to Novyny.live: In a move that signals a new era of fiscal restraint, Hungary's National Assembly has passed a bill cutting both lawmakers' salaries and state funding for political parties. The legislation was introduced by the opposition 'Tisza' party, led by Péter Magyar, and received unanimous backing from all 189 deputies present—a rare show of cross-party consensus. For context, this marks one of the first major legislative pushes by Tisza following the recent elections, positioning the party as a champion of budgetary reform.

What Lawmakers Will Now Earn

So, what does this mean for paychecks? Gross monthly salaries for members of parliament will fall from 2.18 million forints to 1.31 million forints before taxes. Additionally, the formula tying parliamentary pay to the national average wage will be tightened: the multiplier drops from over 3 to just 1.8. The bill was first registered on May 28 and represents a cornerstone initiative for the Tisza party.

Party leader Péter Magyar explained that the goal is to eliminate what he called 'inefficient spending of public funds.' Beyond simply reducing the state budget's burden, the law aims to hold deputies more accountable to the public they serve.

The passage of this bill could reshape Hungary's political landscape. Cutting both salaries and party funding may be seen as a strong signal toward greater austerity and rationalization in the public sector. It could also shift how citizens view the political elite and their stewardship of taxpayer money.