Andras Domani

It is paid in November, retroactive to January 1.

In addition to the old-age pension, the government decree published on Friday evening also covers 27 other entitlements of a similar nature. If someone receives several types of benefits, they are all increased, as is the joint payment limit for the individual pension and the widow’s pension.

The November pension has already been paid in the increased amount, and with it the affected people will receive the increase for the months from January to October and the thirteenth month pension.

The law requires additional increases in benefits if inflation is higher than the government planned in the budget. In recent weeks, there has been a lot of speculation about the expected rate, given that inflation in 2023 will range between 17.5 and 17.7 percent compared to the planned 15 percent, while pensioner inflation has been 1 to 1.5 percentage points higher each month. With high inflation rates. The overall rate of monetary deterioration. Accordingly, the increase could have been 4 percent, but the government finally decided it would be 3.1 percent. Perhaps they will provide an explanation for this, as there is currently no justification for this decree.

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