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Reconstruction of the 13-month pensions will begin early next year, which means a further quarter of the benefits will be paid to the elderly. However, inflation is so high that it will practically be enough to maintain it, it will also take the increases.
Even during the spring epidemic, the government announced that it would rebuild its 13-month pensions in four years, starting in a few weeks. In the first round, a quarter of the benefits will be distributed by the government, which will essentially correspond to a 53-week pension in 2021. Then, in subsequent years, 50 is paid first, then 75, and finally 100 percent. percent of monthly profits.
Also, this year the decision was made to increase pensions in line with inflation, which means that benefits will rise 3 percent in January. Mfor. or take out the postman.
However, inflation may not rise to the level expected by the government: Magyar Nemzeti Bank (MNB) expects 3.4-3.5 percent. But this is only the indicator of total inflation, the products of the retirement basket can become even more expensive. The central bank expects inflation to be 4.6 to 4.8 percent next year for the most dominant foods in the consumption of retirees compared to other social groups. The MNB forecasts 4.7% for unprocessed food and 4.5-4.8% for processed food. This year, the central bank says 11.8 percent and 6.1 percent, respectively, that price pressure may ease. On the other hand, if these numbers prevail, the pension rate will increase and the loss benefit will be just above that. But in stores, older people do not necessarily find prices in statistics, but higher.
Overall, therefore, it appears that the expected pension surplus for next year compared to this year will be sufficient to offset the increase in prices in stores, which will be well above the rate of increase at the beginning of the year . A positive position in real terms will undoubtedly require additional compensation next November, sums up the Mfor.
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