28.5 C
London
Tuesday, June 25, 2024

The average pension in Poland is growing. ZUS published new data

Must read

- Advertisement -


The average amount of pension and annuity paid by the Social Insurance Institution in the first quarter of 2024 was PLN 3,516.95 gross – according to ZUS data. This is an increase of over 16 percent compared to last year's data.

ZUS reported in a statement on Monday that it was stable The situation on the labor market translated into a good financial condition of the Social Insurance Fund.

The Institute's data shows that the number of people covered by pension insurance at the end of March this year amounted to over 16,262.7 thousand The largest group of insured people were employees (71.3%), followed by people running a business and people cooperating with them (10.9%) and people performing work under a mandate contract or agency contract (8.3%).

“The stable situation on the labor market has translated into a good financial condition of the Social Insurance Fund. One of the important parameters that allows for an objective assessment of maintaining the fund's ability to pay benefits is the indicator of covering expenses with income from contributions and their derivatives. This indicator in the first quarter of 2024 reached a high level of 85.5 percent. – emphasized Paweł Jaroszek, vice-president of ZUS, quoted in the announcement.

- Advertisement -

Read also: A huge amount will be transferred to your accounts. You need to submit an application

The average pension is up

ZUS reported that average pay pensions and pensions in the first quarter of this year. amounted to PLN 3,516.95 and was higher than the amount paid in the same period of the previous year by 16.1%. The most important factor influencing the amount of benefits was their increase due to indexation by 112.12%.

Costs of the Social Insurance Fund in the period January–March this year. amounted to PLN 98.2 billion and was PLN 14.2 billion higher than in the corresponding period of 2023. Their largest item were transfers to the public in the amount of PLN 95.7 billion, including retirement and disability benefits and other benefits. Expenditures on pensions and annuities financed from the Social Insurance Fund amounted to PLN 86.5 billion, i.e. by 17.5%. more than a year ago.

Over a million foreigners in ZUS

7% of the total number of insured people. people had citizenship other than Polish. At the end of March this year over 1,138.3 thousand were registered with ZUS. foreigners, which means an increase of 6.0%. compared to the end of March 2023.

“For many years, the largest group of foreigners have been citizens of Ukraine. At the end of the first quarter of this year, they constituted 67 percent of all foreigners registered in ZUS and 4.7 percent of all insured persons, and their number amounted to 762.2 thousand, i.e. 2 .7% more than at the end of March 2023. – Jaroszek pointed out.

ZUS data shows that citizens are another large group of foreigners Belarus. At the end of the period in question, there were 131.9 thousand registered with ZUS. people from Belarus and they constituted 11.6 percent. all insured foreigners. The number of Belarusian citizens registered with ZUS increased by 13.7%. compared to the end of March 2023.

Main photo source: Shutterstock



Source link

More articles

- Advertisement -

Latest article