Home » today » Business » Record increase in pensions in 2022. Reason? High inflation. Calculator – what will be the pension increases. Since when? November 6, 2021

Record increase in pensions in 2022. Reason? High inflation. Calculator – what will be the pension increases. Since when? November 6, 2021

There have never been such large increases in pensions. The government estimates that the indexation of pensions in 2022, meaning an increase in benefits from March 2022, will amount to 4.89 percent. But experts believe that the pension increase will be record-breaking. Why? The reason is the increasing inflation. And it is on it that the increase in pensions depends. See what the record increases in pensions will be in 2022?

Pensioners get a raise every year from March 1. This is because the indexation of pensions and old-age pensions results from the act. Similarly, the act regulates the amount of pay rises. But the government may decide to raise benefits more. He made such a decision in relation to the lower pensions in 2020 and 2021.

Those receiving such low benefits that the increase resulting from the ratio would be lower than PLN 70 in 2020 and less than PLN 50 in 2021, received just such amounts.

See: Only every sixth senior citizen wants to work in retirement

To calculate the amount of the old-age or disability pension in the next year, you need to multiply the existing benefit by indexation index

Indexation index is the inflation rate increased by at least 20 percent. real increase in the average salary in the past year. In the draft budget act, the government assumed that the pension indexation ratio would amount to 4.89 percent. Slightly more, i.e. 5 percent. the lowest pension would increase.

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What would this mean for retirees?

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