This will be the indexation of pensions in 2023 – calculation table. What about KRUS pensions? [7.12.22]

This will be the indexation of pensions in 2023 – calculation table.  What about KRUS pensions? [7.12.22]

This will be the indexation of pensions in 2023 – calculation table. What about KRUS pensions? [7.12.22]

The indexation method in KRUS from March next year is to be the same as in the ZUS system. Farmers from Kujawy and Pomerania are waiting for these changes and are asking for details.

Recently, the head of the Ministry of Agriculture emphasized that the system of agricultural pensions is constantly being repaired. He said except introduction of the possibility of retiring without having to sell the farm, the method of valorization will be changed.

– From March 2023, the method of valorization in KRUS will be the same as in the ZUS system – said Henryk Kowalczyk, Deputy Prime Minister and Minister of Agriculture.

Retired farmers from the province Kujawsko-Pomorskie ask for details: – What will change? How much can KRUS pensions increase?

Czeslaw Wiszniewski, director Regional Branch in Bydgoszcz of the Agricultural Insurance Fund informs that signed by the President of the Republic of Poland on 21/11 this year act amending the Act on old-age and disability pensions from the Social Insurance Fund and certain other acts is already published.[b]

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“(…) Pursuant to the provisions of this Act, as of March 1, 2023, the indexation of old-age and disability pensions from farmers’ social insurance consists in multiplying the amount of the basic old-age pension by the benefit calculation index, with the proviso that the amount of the increase in the benefit cannot be lower than PLN 250 – explains director Wiszniewski. – If the amount of the established benefit is lower than the amount of the lowest old-age pension, the amount of such benefit is increased ex officio to this amount. Sum the lowest old-age pension from March 1, 2023 will amount to PLN 1,588.44.”

What is the situation with pensions from ZUS? The matter is quite clear here. People receiving the lowest pensions will receive one hundred and several dozen zlotys more from March, and those who currently have a benefit calculated at PLN 4,000. PLN gross, they would get over PLN 450 more. See simulations of pension indexation 2023 – in the gallery below we present a table of calculations.

In the gallery you will find calculations of increases for example ZUS pensions. In the calculations – in accordance with the government’s forecasts – we assumed the valorization index at the level of 113.8 percent. It should be remembered that the index may increase further due to inflation. But it certainly won’t be smaller.

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