Reassessment of pensions or adjustment of amounts to the cost of living would be less advantageous (at least according to) for pensioners whose social security benefit is more than ten times the minimum or who receive more than 5,637 euros gross. (to the current minimum pension amount) The text of the budget law approved by the State Accounting Office provides this. However, compared to the drafts published in recent days, there will be no increase in indexation for treatments ranging from 4 to 5 times the minimum amount: the government had considered increasing the revaluation percentage from 85% to 90% but was later forced to make U-. turn for budgetary reasons. The text of the maneuver will now need to be reviewed by Parliament. It goes without saying that ongoing corrections, although unlikely, cannot be ignored.
Pension revaluation, what will change in 2024?
Therefore, excluding last minute changes, the revaluation percentages from 2024 should be as follows:
- 100% equal to or less than 4 times the minimum pension;
- 85%, four to five times the minimum;
- 53%, 5 to 6 times the minimum;
- 47%, between 6 and 8 times the minimum;
- 37%, between 8 and 10 times the minimum;
- 22%, pensions exceed 10 times the minimum.
Therefore, those with a pension of up to 4 times the minimum will have a full increase of 100 percent, as last year. This means, for example, if the estimated inflation rate for 2024 is 5 percent, the pension will increase at the same rate. The 5% estimate is of course just an illustrative percentage. Compared to the revaluation mechanism in force in 2023, the only change will be a 10 percentage point cut in the highest pensions and a revaluation of this cut by 22 percent instead of 32 percent.
From Quota 103 to Women’s Option, What will change in 2024?
The maneuver also brings changes in terms of the age at which people leave their jobs. On the other hand, if it is true that the budget law envisages the extension of quota number 103 (contribution for ages 62 and 41), those who want to benefit from this will have to agree to an allowance recalculated based on the contribution. method and is therefore more generally inferior (we explain it better here). For Social Monkey, you must now be 63 years and 5 months old instead of 63, while the age requirement for the women’s option will increase by one year. Childless women who fall into the affected categories (carers, 74% disabled people, and laid-off workers or employees of companies in crisis) will be able to leave their jobs at age 61 (and no longer at 60), provided they are 35 years old. annual payments. For one child, the age will drop to 60, and for two or more children, it will drop to 59.
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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.
