Indexation of Pensions
Since October 1st, 2018 old-age, disability, long service pensions, pensions in case of loss of the supporter and the insurance compensations granted (recalculated) till September 30th, 2018 which amount does not exceed 382 euros are subject to revision. If the size of pensions and insurance compensations exceeds 382 euros, shall be reconsidered only a part of the sum – 382 euros.
To politically repressed persons, people with Group I disability and participants of mitigation of consequences of Chernobyl NPS the state pensions since October 1, 2018 are subject to revision irrespective of the size. Supplement to the state pension is not included in the indexed pension size.
The following indexes are applicable to old-age pensions which are subject to revision since October 1, 2018:
- 1,0590 if the insurance periods do not exceed 29 years;
- 1,0655 if the insurance periods are from 30 to 39 years or the old-age pension is granted for work under particularly hazardous and particularly hard working conditions (the 2nd list) or under hazardous and hard working conditions (the 1st list) (even if the insurance periods are less than 30 years);
- 1,0720, if the insurance periods are 40 or more years;
To disability pensions, long service pensions, pensions in case of loss of the supporter and insurance compensations which are subject to revision since October 1st, 2018 index 1,0590 shall be applied.