Changes to last for the pension chapter. Yesterday the provision of the budget law was changed, which it revises for 2023 and 2024 the automatic revaluation of pensions (ie the increase in the allowances intended to cushion the effects of inflation, which reduces the actual value of the allowances, editor’s note). For In 2023, the initial adjustment was set at 7.3% but the government then intervened to downgrade this revaluation, specifically penalizing medium to high pensions. Last edit yesterday provides that the revaluation increases for social security deductions between 4 and 5 times the minimum amount (i.e. up to 2,626 euros gross per month). 80 to 85%. Basically, however, the increase in the check will not increase by more than 5.8% (80% of + 7.3%). 6.2%.
Conversely, the indexation of pensions is still between 5 and 6 times the minimum going from 55 to 53% (always 7.3%) and the one apparently intended for pensions at 6 to 8 times the minimum which is reduced from 50 to 47%. Since below 40% to 37% adjustment for those who receive 8 to 10 times the minimum. For cheques over 10 times the minimum (over 5,000 euros gross) the decrease is 35% 32%. Basically, these checks will only appreciate 2.3% against inflation, which is currently 11.8%. Maintaining this value would result in a real depreciation of pensions by more than 9.5%. Only for those over 75 and today he realizes that Minimum pension of 523 euros per monththe figures rise to 600 euros gross. For those under the age of 75, retouching costs around forty euros each 563 euros. In 2024, as envisaged in the basic text, the increase in minimum pensions for all ages will remain at 2.4%.
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In a nutshell, these are the reassessments planned for 2023 based on the amount of the pension allowance. Indexed 7.3% full for pensions up to 4 times the minimum amount (at least below the current level of inflation). Adjustment of 6.2% for checks up to 5 times the minimum, 3.8% for checks between 5 and 6 times the minimum; 3.4% up to 8 times the minimum pension (indicative up to 4,200 euros gross monthly), 2.7% up to 10 times and 2.3% for even higher pensions. Because those who retire still have to go Quota 103 confirmed (sum of age and contribution years). In 2023 it will be possible to retire from working life with 41 years of contributions and 62 years. An incentive will be provided for those who remain employed despite qualifying for retirement. change woman option, which increases to 60 years (but can be reduced by one year for each child and up to a maximum of 2 years), but only for three categories of disadvantaged women workers. Social Bee confirmed for hard work. Drops from 23% to 5% the taxation of pensions paid to cross-border workers by entities or institutes of the Principality of Monaco.