Currently, about 500,000 seniors earn extra money for benefits. Thanks to this, they can apply to ZUS for their conversion. This is especially beneficial for people who have a pension calculated according to the old rules (these are people born before December 31, 1948). Why? In fact, ZUS is calculating the old age pension anew, taking into account the higher base amount.
From 2022, however, this possibility will disappear, only new contributions will be added when converting benefits (the base amount will not change). This will make the conversion less profitable than it is today. Therefore, it is worth hurrying with such a request and submit it later this year. Then ZUS will have to recalculate the benefit of the earning extra senior citizen on the current, i.e. more favorable, terms.
Recalculation of pensions. The door handle had fallen. What’s changing?
Changes in the conversion of pensions. Increase only once a year
This is not the only change retirees must prepare for. Currently, seniors with benefits calculated under the old rules, if they earn extra money, can calculate their pension once a quarter.
From 2022, such a conversion, and therefore an increase, will only be possible once a year. The government claims that it wants to equalize the rights of all retirees in this way, because such rules apply to seniors born after January 1, 1949. Unions do not hide their indignation. – If we are to harmonize the regulations in this respect, why are we not going in the better direction for employees – appealed Sebastian Koćwin from the Polish Alliance of Trade Unions. Since the union demands were not taken into account, seniors only have five weeks to take advantage of the old, more favorable law.
An avalanche of changes in pensions. Seniors must be careful
Changes in the conversion of pensions. The reform does not apply to everyone
Importantly, however, the conversion rules for people born after January 1, 1949 will not change. They can already calculate the benefit once a year.