What about the indexation of pensions in 2024?  Tusk has a new idea.  There is one catch

What about the indexation of pensions in 2024? Tusk has a new idea. There is one catch

Double indexation of pensions is one of the 100 priorities of the Civic Coalition. According to promises, it should be implemented within the first 100 days after taking power. What exactly does it involve and will everyone benefit from the change?

One of the ideas of the Civic Coalition assumes two indexation of pensions per year. The first one is to take place as before, i.e. regardless of the situation, seniors could count on a raise in March. As reported by “Fakt”, the second one would take place in September, but it will be carried out only in one situation. Which one?

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Double indexation of pensions. When will it be possible?

The promise assumes that the second, September indexation would take place when inflation in the first six months exceeds 5%. Importantly, the increase will not be the same as the inflation rate, but only a surplus over the 5 percent ceiling. What does this mean in practice? The daily “” carried out preliminary calculations with a pension of PLN 2,000. zloty. gross or more. – Our proposal also concerns the indexation of each pension twice a year if inflation exceeds 5%. And this is particularly important for the lowest earners, because for them the prices in stores are the most deadly – he said during one of his meetings with voters in Mińsk Mazowiecki.

Two pension increases in one year? It all depends on one thing

According to the first estimates, the March indexation predicts an increase of 12.3%. As for inflation, in the period from January to June 2024 it will amount to approximately 7%. According to the assumptions of the Civic Coalition, this means that if the forecasts hold, seniors can count on a second valorization. How much will the increase be for seniors who receive a pension of PLN 2,000 gross? From March 1, his pension would increase by approximately PLN 223.86 net (12.3%), and from September 1 by another PLN 40.88 net, i.e. an additional 2%. With the benefit of PLN 3,000 gross, the first increase would amount to approximately PLN 291.79, and the second one to PLN 53.35.

However, it is worth bearing in mind that the second indexation may not be valid for a longer period. Why? The current NBP forecasts assume that inflation will gradually decline over time. As the project specifies, when it is less than 5%, the September indexation will not take place.

Source: Gazeta

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