Good news for retirees whose pension exceeds 2,101.52 euros (four times the minimum treatment): the March 2023 check will receive an inflation reassessment of the pension according to the percentages contained in the budget law. Also, as reminded by INPS, outstanding debts of pension revaluations in January and February will also be paid. So a richer check, but only for pensions exceeding 2,101.52 euros per month, in fact, those receiving pensions of up to four times the minimum income received a check, which has increased by 7.3% since January.
Pensions March 2023, how do the amounts change?
For this reason, retirees who receive four times the minimum treatment will receive a raise according to certain parameters. Those with an income between four and five times the minimum income will see this revalued by 85%, 7.3% or 6.205%, while those with a retirement income between five and six times the minimum (from €3,152.28 to 2,626.91) Only 53% of receivables inflation equates to a revaluation of 3,869%. Revaluation percentages drop to just 32% of revaluation for those with checks that exceed 10 times the minimum (€5,253.81 per month), with an improvement compared to the price increase as the amount of pension increases (along with retirement income). 2,336%.
Here is a summary of all income brackets defined in the budget law:
- 85% for pensions equal to or less than 5 times the minimum amount between €2,101.52 and €2,625
- 53% for pensions equal to or less than 6 times the minimum amount between 2,626 € and 3,152 €
- 47% for pensions equal to or less than 8 times the minimum amount between 3,153 € and 4,203 €
- 37% for pensions equal to or less than 10 times the minimum amount between 4,204 € and 5,253 €
- 32% for pensions exceeding 10 times the minimum amount above EUR 5,254
“In determining the total amount to be equalized – explains INPS – benefits provided by organizations other than INPS and specified as being subject to the regime, stored in the central pension registry, are taken into account. services paid by cumulative equalization and optional insurance (VOBIS, IOBIS, VMP, IMP) Services provided by INPS, with the exception of pensions paid by the Clergy Fund and the former ENPAO (CL, VOST), compensation for termination of the commercial contract (INDCOM)”. Salaries for March will be deposited as of Wednesday, March 1, 2023, according to the payment schedule.
Source: Today IT
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
