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Below is the schedule of pension payments as of July 2022. Find out what benefits you will get after the changes [12.07.2022 r.]

Below is the schedule of pension payments as of July 2022. Find out what benefits you will get after the changes [17.07.2022]

Below is the schedule of pension payments from July 2022. The reform (12 percent income tax) is scheduled to take effect on July 1, and from July the lower rate will be applied by ZUS when collecting advances for annual taxes. Advances in excess of the January-June period will be returned by the tax office after the annual income tax settlement is approved. See pension calculations from July 1, 2022.

Retirement budgets—like all people who pay taxes on the scale of the tax schedule—should be improved slightly by another tax reform, i.e. lowering the lowest tax rate from 17 percent to 12 percent.

Persons receiving pensions totaling up to 2,500 PLN will not benefit from this change (unless they have other additional income taxable with personal income tax) Because all their income from such a pension is in a tax-exempt amount – 30,000 PLN

The situation is different for people with higher pensions. In their case, ZUS deducts from the total pension both the health insurance contribution and the tax advance. What does this mean for retirees? See illustrative calculations in our gallery below.

Watch the exhibition(20 photos)

Collaboration: Zbigniew Biskupski (Agencja Informacyjna Polska Press).

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