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Indexing of pensions from March 2023. This is the table for the increase in benefits after standardization [23.11.22]

Indexing of pensions from March 2023. This is the table for the increase in benefits after standardization [23.11.22]

The House of Representatives, without any objections, passed an amendment to the Pension Indexing Act in 2023. There will be many changes for retirees from March. View details and calculation tables for pensions as of March 2023.

Watch the video: Valuation 2023 – these are supposed to be pension increases.

The government assumes that the index indicator in 2023 will reach the same amount 113.8 percent. This record rate is mainly due to the massive inflation in Poland.

It should be noted that in 2023 the government will conduct a percentage indexation with a guaranteed increase totaling PLN 250.. According to the Ministry of Family and Social Policy, the minimum old-age pension, disability pension, survivors’ pension and social pension will rise in 2023 to PLN 1,588.44 (currently PLN 1,338.44).

In the studio you will find accounts increases for example pensions. In the calculations – in accordance with government expectations – we assumed the valuation index at the level of 113.8 percent.

Worth knowing: In order to finally answer the question of what the indexation rate will be in 2023, we need to know all the macroeconomic data needed to calculate it. Based on the forecast, the government estimates that Next year, the standardization rate will be 113.8 percent. It is scheduled to know the actual index of retirement and disability pensions in the first half of this February, after the Central Bureau of Statistics announced the real values ​​of inflation and wage growth in 2022, which are the basis for calculating the component.

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As noted by the Ministry of Family and Social Policy, “The adoption of the percentage index principle in 2023 with a minimum guaranteed increase of PLN 250 will increase interest paid in the amount of up to PLN 1811.60 per month to a larger range (increase by PLN 250, i.e. by greater than the resulting increase in the index by 113.8 percent) than if the indexing was carried out according to the rules currently in force, that is, only through the indexation index, without guaranteeing an increase in the slightest benefits.

– Next year there will be “thirteen” and “fourteen”. Pensioners’ budgets must be protected – such a declaration was made by Prime Minister Mateusz Morawiecki during a September meeting with residents of the Rikki District (Lublin Voivodeship). October 19 in the “Signals of the Day” of the First Polish Radio Minister Maloge reiterated the announcement on the thirteenth and fourteenth pension.

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