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Indexation generally takes place on March 1, however this year, this date falls on Sunday, hence the acceleration of payments.
Valoration higher than expected
The amount of indexation depends on inflation and real wage growth. The budget act assumed an indicator of 4.88 percent, however ultimately it will amount to 5.3 percent. — prices rose faster than forecast.
ZUS calculations show that:
- the minimum pension will increase from PLN 1,878.91 gross to PLN 1,978.49 gross,
- average benefit of PLN 4,000 PLN gross will increase to PLN 4,212 gross.
March pensions and annuities will already be paid in new amounts.
April thirteenth
In April, seniors will receive the so-called thirteenth retirement. You are entitled to an allowance to all persons who are entitled to a pension or disability pension as of March 31.
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The amount of the thirteenth pension will be equal to the minimum pension after indexation, i.e. PLN 1,978.49 gross. The “in-hand” payment will be lower because ZUS will deduct the health insurance contribution and the PIT advance. The minimum amount of thirteen will be PLN 1,563.43 net.
Fourteens in the second half of the year
In the second half of the year, seniors can also count on a fourteenth pension. The government will specify the date of its payment in a regulation.
Fourteen too will amount to PLN 1,978.49 gross and the full amount will go to the people whose the pension or annuity after indexation will not exceed PLN 2.9 thousand. PLN gross. For higher benefits, the “PLN for PLN” principle will be applied. The minimum withdrawal is PLN 50 gross.
The supplement will not be available to people whose benefit exceeds PLN 4.8 thousand. PLN gross. From the age of fourteen, health insurance premiums and income tax advances will also be deducted.
ZUS calculations show that: the total profit from indexation (from March to December), 13th and 14th, may amount to as much as PLN 4.2 thousand. PLN net more per year.
Seniors will see the first increased benefits in the coming days.
