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Monday, November 29, 2021

Fourteenth retirement pension 2021. Marlena Maląg on the next tranche of payments

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The fourteenth pension will go to the accounts of subsequent pensioners. This week, additional benefits will be provided to another 1.4 million people, worth PLN 1.57 billion, announced the Minister of Family and Social Policy, Marlena Maląg. Thus, the additional benefit will go to over 6 million old age and disability pensioners.

The fourteenth pension is granted ex officio. You do not need to complete any application to receive it. The additional benefit goes to the entitled persons along with the November retirement pension.

“We are aware of the importance of additional support for our retirees and pensioners. That is why we made sure that the ‘fourteen’ payments run smoothly and do not require any formalities from beneficiaries – the funds go to the beneficiaries along with the November retirement pension. This week, the fourteenth pensions will receive more 1.4 million people, for the amount of PLN 1.57 billion “- the Minister of Family and Social Policy, Marlena Maląg, told the Polish Press Agency.

Thus – she added – the fourteenth pension will already go to over 6 million old-age and disability pensioners. Nearly 5 million people will receive support in the full amount, i.e. PLN 1,250.88 gross.

“The total amount disbursed under the so-called fourteen will amount to nearly PLN 7 billion. The next tranche of payments is planned for November 25” – the head of the Ministry of Labor and Social Policy announced. She reminded that in total, PLN 11 billion will be paid out as part of the fourteenth pension this year.

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Fourteenth retirement

The so-called fourteen in 2021 is available to people who as of October 31 this year. were entitled to one of the long-term benefits listed in the Act, including old-age and disability pensions, social pensions, pre-retirement benefits. Fourteen will not be granted to people whose entitlement to benefits will be suspended.

The full amount, i.e. PLN 1,250.88 gross, will be provided to persons whose basic benefit does not exceed PLN 2,900 gross. The rest will receive the fourteen reduced in line with the “PLN for PLN” rule. For example, if the retirement pension is PLN 3,000, then the fourteen will be entitled to a PLN 100 lower pension.

The fourteenth pension is taxable and contributory under general rules, irrespective of whether it is paid in conjunction with a taxable or tax-exempt benefit. No deductions and executions are made from the amount of the additional annual cash benefit.

Earlier estimates of the government indicated that the fourteenth pension will be paid to approximately 9.1 million old age and disability pensioners. Approximately 7.9 million beneficiaries will be entitled to the full amount.

Main photo source: Shutterstock

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