That’s for sure!  From June there will be new limits for pensioners.  After exceeding them, ZUS will suspend the benefit

That’s for sure! From June there will be new limits for pensioners. After exceeding them, ZUS will suspend the benefit

Many people wonder how much extra money can be earned in retirement so that the benefit is not reduced or suspended. All because of the difficult financial situation faced by some Poles. It turns out that from June new limits will apply.

who have not reached the retirement age, but receive an earlier benefit from ZUS and supplement it, should pay close attention to the earnings that may affect the amount of the benefit received. The applicable limits change every quarter, and the next modification should be expected from June 1, 2023. At the same time, those who have reached retirement age (60 years for women and 65 years for men) have nothing to worry about – in their case you can earn extra money without any limits. The same rules apply to pensioners. The only exception are seniors whose pension has been increased by ZUS to the amount of the minimum pension – they can earn no more than the amount of the increase to the minimum pension.

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How do you know how much you can earn towards retirement? The law on pensions and disability pensions is of importance

The amount of extra money you can earn towards your retirement pension is governed by pensions and disability pensions from the Social Insurance Fund. According to the records, the benefit may be reduced or the right to collect it suspended if the recipient reaches an income above a certain threshold. The reduction will take place if the person earns 70% of the average monthly salary for the calendar quarter, and the suspension – if he earns 130% and more.

How much can you earn in retirement in 2023? The new thresholds will apply from June

How much you can earn in retirement is regulated by the information published by the President of the Central Statistical Office for the quarter. In the first quarter of 2023, it amounted to PLN 7,124.26 gross. According to “”, taking into account the presented data, from June 1, benefits will be reduced after exceeding the threshold of PLN 4,987 gross (70% of the average monthly salary) and suspended after earning PLN 9,261.54 gross (130% of the average monthly salary). Until the end of May 2023, the limits for making extra money are PLN 4,713.50 gross and PLN 8,753.60 gross – the assumed change is thus beneficial for beneficiaries by up to several hundred zlotys. The new threshold will apply in June, July and August.

Source: Gazeta

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