From March 2022, the limits on earning extra money for retirement and disability pensions will change. They will apply to those old age and disability pensioners who have not yet reached the general retirement age. It is worth checking whether we are earning too much, because it may be the reason for the loss of the benefit.
This is important information for many retirees and pensioners! First of all, it is worth mentioning who exactly it is about. Women over 60 and men over 65 can sleep soundly. The limits also do not apply to those who receive pensions for war or military invalids who are unable to work in connection with their military service.
The new limits apply to old age and disability pensioners who have not reached the general retirement age, and switched to the so-called early retirement and people who receive a supplement to the minimum retirement pension. Their income from work may not exceed the amount of the increase, otherwise they will receive a benefit without additional payment.
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Pensioners, first of all, will be able to earn some extra income more than before. However, it is worth keeping an eye on these amounts, because if they are exceeded, you may lose the benefit.
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If a pensioner, from March 1, 2022, earns more than PLN 4,196.56 (70 percent. average monthly salary), their benefits will be reduced. In the case of income above PLN 7,793.61 (130% of average monthly salary), a suspension of the benefit should be expected. So far, the limits were PLN 3,960.20 and PLN 7,354.50, respectively.
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The average salary changes every quarterTherefore, the limits on supplementing pensions and pensions are updated every 3 months. The new ones will apply in March, April and May 2022.
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It is worth emphasizing that from the new year there are favorable changes for people who earn extra money for the social pension. The pension will not be suspended (and reduced accordingly) until it exceeds 130 percent. average monthly salary. Until now, it was suspended with revenues higher than 70 percent. this amount.
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Fewer types of income will also be counted towards the limits. It will not affect the suspension of the social pension:
- rental and lease income,
- income, incl. under the contract of mandate for secondary school students and students, if they are under 26 years of age.
“People receiving social pensions must pay particular attention to the new quota amounts, because they are subject to slightly different rules of earning extra money.” If their additional income from March is higher than the first threshold, i.e. PLN 4,196.60, the payment of the social pension for the month in which the excess was exceeded is not due in full, ”says Iwona Kowalska-Matis, regional spokesman for the Social Insurance Institution in Lower Silesia.
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