Attention pensioners: the government’s decree on the January pension increase has arrived

RockedBuzz
By RockedBuzz 3 Min Read

524/2023 introduced on Friday night. (XII. 1.) Pursuant to Government Decree, it have to be elevated by 6 p.c from the date established earlier than January 1, 2024

  1. retirement pension,
  2. widow’s pension,
  3. parental pension,
  4. orphan care,
  5. respite take care of accident family,
  6. agricultural cooperative old-age, incapacity, widow’s allowance,
  7. elevated old-age, incapacity and widow’s pensions for members of agricultural cooperatives,
  8. care earlier than the age restrict,
  9. service allowance,
  10. short-term mining allowance,
  11. dance artwork annuity,
  12. incapacity advantages,
  13. rehabilitation care,
  14. accident allowance,
  15. miners’ well being harm allowance,
  16. incapacity assist,
  17. private pension for the blind,
  18. advantages paid based mostly on the authorities decree on advantages paid by the Hungarian Public Foundation for the Creative Arts,
  19. public service pension of mayors,
  20. supplementary incapacity allowance in accordance with the Law on the Legal Status of National Guardsmen,
  21. further assist for orphans in accordance with the Act on the Legal Status of National Guardsmen and the Act on the Service Relationship of Professional Staff of Law Enforcement Bodies,
  22. further assist for family in accordance with the Act on the Legal Status of National Guardsmen, in accordance with the Act on the Legal Status of the Professional Staff of Law Enforcement Bodies, and in accordance with the Act on the Legal Status of the Personnel of the National Tax and Customs Office,
  23. based mostly on the legislation on army care, the Tny. common money advantages to be elevated in accordance with § 62,
  24. spousal allowance,
  25. partner’s revenue allowance,
  26. allowance for nationwide standing,
  27. nationwide care payment and
  28. the will increase and allowances related to sure measures limiting private freedom or annulled convictions, which the Tny. Its increase in accordance with the provisions of § 62 is ordered by a authorities decree.

The advantages due for January 2024 have to be paid in the elevated quantity for these entitled. If a number of advantages to be elevated based mostly on this regulation are paid to an individual at the similar time, the advantages have to be elevated individually. Personal pension and widow’s pension and accident widow’s pension will be paid collectively from January 1, 2024 as much as a month-to-month restrict of HUF 147,270 – the new laws gives, amongst different issues.

As of January 1, 2024, the month-to-month quantity of the pension for the aged that may be paid to those that usually are not entitled to their very own pension advantages will increase from HUF 32,785 to HUF 52,045 to HUF 34,755 to HUF 55,170.

Cover picture supply: Shutterstock

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