Polish Pensions to Go up by 13.8% in 2023

Figures

Polish pensions will be indexed by 13.8% from March 2023 under a law passed by the lower house of parliament (Sejm), on Thursday, reported the Polish News Agency.

The indexation will not be lower than PLN 250 (EUR 53) and the minimum standard old-age pension will amount to PLN 1,588.44 (EUR 337) a month, the bill states.

The minimum disability pension will reach PLN 1,191.33 (EUR 252).

Under Polish law, the indexation level is determined by annual average inflation in the preceding year and a percentage of the annual average wage growth.

Inflation in Poland reached 17.2% year-on-year in September. 

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