Friday, January 6, 2017

How to increase the pension in 2017? – The public.en

That pensions will be increased this year?
The pension until 842,64 euros (an amount corresponding to two indexes of social support) are updated at 0.5% (inflation of November, without housing) right at the beginning of the year.

in Addition, the Government has decided to introduce an extraordinary increase that will be given by the pensioner from August.The pensioners who all receive 631,98 euros of pension income and who do not have any pension that has been updated between 2011 and 2015 have an increased extra, in addition to the January, amounts to ten euros. Who is in this income and has benefited from the update between 2011 and 2015 will have a total increase of six euros in August.



The increase of 0.5% arrive already in January?
Yes, the Government ensures that the pensions paid to the 10 of January will already have the update of 0.5%.

the way the Christmas bonus is paid will change?
Yes. In the past year, such as in the three previous years, the whole of the grant was paid out in twelfths over the next 12 months. In 2017, the Government decided to move forward, in a phased manner, to replace the normality in the payment of this grant in November (for the pensioners of the Caixa Geral de Aposentações) and in December (for pensioners of the general regime of Social Security). Thus, half of the allowance will be paid in twelfths, and the other half in the months usual before Christmas.

What is the consequence of this change?
Although in annual terms the majority of pensioners stand to receive more than last year, will have less disposable income each month. This is because the value of the pension shall include the twelfth corresponding to only half of the Christmas bonus and the increase of 0.5% is not enough to cover the difference.

According to the minister of Labour, this is "an inevitable consequence" in the "path to restoration of normality" of the payment of a Christmas bonus. The Government guarantees the full value of the pension in 2017 will be higher for all pensioners, “with the exception of pensioners, married, single holder, with a pension between 842,64 euros and 1205 euros”.



The twelfth already takes into account the increase of 0.5%?
Yes, between January and October or November (depending on whether the CGA or Social Security) the twelfth includes the increase made in January.

How is it that the extraordinary increase in August if it’s going to reflect on Christmas?
The Government says that in January it is not yet possible to identify pensioners who will benefit from the upgrade outstanding. For this reason, only when it is paid half (entire) of the Christmas bonus will be made in the arrangements so that pensioners receive an allowance corresponding total pension December (including all increases). Note that this increased extra will not cover all the pensioners and it will not be the same for all.

holiday suffers some change?
Not, will be paid in the Summer as usual.

pensioners will be notified of the changes planned for this year?
To avoid unpleasant surprises, during the month of January, you will be sent a letter to all the pensioners of the Social Security and the Caixa Geral de Aposentações explain how it will be done the payment of the allowance of Christmas. In the letter, the pensioners are told that, even though the monthly value of the pension from January is less than that received in December of last year, “the total value of the pension that you will receive throughout the year will be equal to or greater than the amount received during the entire year of 2016″.

in Relation to the pensioners that will update the extraordinary in August, at that time will receive a letter and will be informed of which meet the conditions to benefit from this increase.

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