Pensions: A 3% rise is coming in the week before Christmas

In the week before Christmas pensioners will see a 3% increase in their main pensions, as provided for in the Joint Ministerial Decision published. Those with a large personal difference will not see this increase, but will receive an extraordinary compensation of 100 to 200 euros.

An indirect boost to disposable income is underway for pensioners through planned changes to the Pensioners’ Solidarity Contribution. Today it is imposed on the main pensions of more than 1,400 euros and reaches up to 14%. (3 to 14) At the moment pensioners are worried about the accuracy and are WAITING for the 3% horizontal increase in the main pensions in January.

Changes to the “steps” of the Solidarity Contribution

In the sum of main pensions of 1,390 euros, the contribution is zero. However, for a few euros more, a pensioner of 1410 euros is burdened with 42.3 euros per month (3%). The transition from the first to the second tier is also abrupt: For a pension of 1690 euros the contribution is 3% or 50.7 euros/month while for 1710 euros it is 6% or 102.6 euros/month.

On the table of the Ministry of Labour, there are all scenarios asking for a more proportionate way of moving from step to step, as for thousands of pensioners the solidarity levy evens out the increases each time.

Increase in special categories of pensions
With the national pension set at 426.17 euros (from 413.76 euros), special categories of pensions such as widow’s, disability, temporary, elderly and expatriate pensions are adjusted. An allowance of 100 to 200 euros will be received by pensioners with a large personal difference who will not see the horizontal increase in their pocket.

Source: ertnews

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