From July 2023!  Submit an application and get up to PLN 500 towards your pension

From July 2023! Submit an application and get up to PLN 500 towards your pension

Some seniors may receive a higher pension. And the indexation of pensions contributes to this. According to experts, July 2023 may be the perfect time to submit an application for the benefit. How much can you really gain? We suggest.

If you plan to switch to , don’t do it at random. The right day matters because you can get extra cash with it. Do you want to receive a higher benefit every month? Check which deadline for submitting the application will be the most profitable for you.

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Indexation of pensions. July 2023 is a good time to apply

Now is the second best time to retire. The first was in February 2023, but if you did not reach the appropriate retirement age then and you meet the conditions now, decide to apply. It is known that in 2023 the indexation rate was 14.4%, and thanks to this some people may gain by submitting an application for the benefit in a timely manner. In addition, in June the capital accumulated in ZUS was indexed, which also benefits future pensioners who apply in July 2023. – This is the perfect time indeed. Pension capital will be subject to quarterly indexation, and in practice it will be indexed immediately. Favorable life expectancy tables, which determine the amount of benefits, will still apply – said Łukasz Kozłowski, chief economist of the Federation of Polish Entrepreneurs by “Business Insider”.

Revaluation of pensions. How much can you gain?

It is already known that retiring in July 2023 will be an excellent move, especially in financial terms. But how much can you gain from it? Seniors will receive up to PLN 500 per month for retirement. “” shared sample calculations. When someone collects 400,000 zloty. capital in ZUS, retiring in May 2023, he would receive only PLN 1,573 in benefits. By withholding the application until July 2023, he will benefit from this, receiving as much as PLN 226 more, i.e. PLN 1,799 per month.

Source: Gazeta

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