This is good news for seniors. The amount of next year's indexation has been disclosed. How much more seniors will get
How much will retirement benefits increase in the coming years?
According to the” Super Express “portal, the Ministry of Agriculture and Rural Development revealed forecasts for an increase in retirement benefits. This information was included in the draft act on the valorization of agricultural pensions. The draft includes a provision that seniors can expect an increase in benefits until at least 2024. In 2024, the increase in benefits may be 10.19%, and a year later 5.77%. Find out more details.
Increase in pensions
According to the information announced by the Ministry of Family and Social Policy, the government intends to introduce a percentage-based indexation next year. The lowest benefits are to increase by at least PLN 227.50 per hand. Such an increase could count on people receiving a benefit in the amount between PLN 1,338.40 and gross PLN 1,850.
Above the amount mentioned, benefits would increase as a percentage. The Ministry of Agriculture revealed the forecasts for the increase in benefits in the coming years. The forecasts included in the aforementioned project show that in 2024 benefits will increase by 10.19%, and a year later by 5.77%. “Fakt” reports that in 2026 benefits would increase by 4%.
This indexation will translate into the amount of benefits
Assuming that the data in the project turns out to be accurate, the benefit, which currently amounts to PLN 1,339.44 in March 2023, would increase to PLN 1,558.44. A year later, it would already amount to PLN 1717.24.
Deputy head of the ministry of family and social policy, Stanisław Szwed, in an interview with journalists of the “Money is not everything” program, indicated that the indexation would probably amount to 14 percent. This is definitely more than the government's original assumption, which assumed that next year's indexation rate would be 9.6%.
Do you think these assumptions will be true?