The Polish pension strategy provides for the anticipation of expanding pension benefits on the basis of additional papers that can paper the work placement or the contribution period. 1 specified paper that can importantly affect retirement is an old military book. This article aims to show how the provision of specified papers can increase retirement and what another steps can be taken to maximise the opportunities offered by the Social Insurance Institution (ZUS).
Who can benefit from the Retirement Increase?
The increase in pension on the basis of old papers primarily concerns people born before 1 January 1949. The pensions of these persons were calculated on the basis of old rules, but it is possible to recalculate benefits by ZUS.
Supplementary documents
In order to benefit from the conversion, it is essential to supply the Social safety Office with additional evidence which will paper the work placement or the collection of remuneration before retirement. These papers may include:
- Military book
- Work certificates
- Angages
- Entries in the insurance card
- Paylists taken from the archive
- Old ID with employment alerts
Old Military Book: The Key to Higher Pension
Military Service Period as Contribution Period
According to the “Lega Artis”, 1 of the papers that can rise the pension rate is an old military book. The period of active military service shall be considered as a contribution period. If an old military book cannot be found, it is possible to supply certified photocopies. In addition, men may supply a service certificate or certificate issued by the applicable authorities.
Financial benefits
In this case, the pension may increase by respective 100 zlotys, as the military service in Poland lasted 2 years until 1988. However, everything depends on the affirmative consideration of the application by ZUS. It is crucial that conversions are not made earlier on the basis of papers already submitted, specified as a military book. This is only about papers which have not yet been submitted to the Social safety Office.
Other papers That Can Increase Pension
In addition to the military book, there are many another papers that can contribute to the increase in retirement. These include:
- Work certificates: papers confirming employment during different periods of working life.
- Angages: employment contracts and another employment documents.
- Insurance passes: Entries in the card confirming the contribution periods.
- Pay Lists: papers from the archive confirming the remuneration.
- Old individual Evidence: A paper with employment alerts which may not be included in the current ZUS files.
How to Increase Pension: applicable Advice
Moment of Submission of the Proposal
The amount of the pension depends not only on the amount of the contributions and the dimension of the service, but besides on the minute of application for retirement. On 1 June each year, ZUS performs the valorisation of contributions to the pension account, first capital and contributions to the sub-account. This allows people who scope retirement age (60 years – women, 65 years – men) and apply for benefits in the second half of the year to receive higher benefits, up to PLN 500.
Retirement
If wellness is good, it is worth considering postponement of the decision to retire. ZUS openly admits that each additional year of work increases the service by 10-15 percent. Therefore, continuing to work for respective additional years can importantly increase the amount of future retirement.
Summary
Increaseing the pension by providing additional papers to ZUS is an chance worth considering. The old military book, work certificates, engagements and another papers may importantly affect the amount of the benefit. However, it is crucial that these papers are not previously submitted to the Social safety Office. In addition to providing additional documents, the minute of retirement and the postponement of the decision to quit can besides bring crucial financial benefits.
FAQ – Frequently Asked Questions
1. Who can benefit from a pension conversion based on additional documents?
First of all, persons born before 1 January 1949, whose pensions were calculated on the basis of old rules.
2. What papers can rise retirement?
Documents specified as an old military book, work certificates, engagements, insurance card entries, archive payrolls and an old individual ID with employment records.
3. How to deliver papers to ZUS?
Documents can be delivered in individual to the ZUS branch or sent by post. In the absence of originals, certified copies may be supplied.
4. Does the provision of additional papers warrant an increase in pension?
The increase in pension depends on the affirmative consideration of the application by ZUS. papers must be decently documented and accepted by the Social safety Office.
5. What another steps can be taken to increase retirement?
It is worth considering the minute erstwhile you apply for retirement and postpone your decision to retire, which may importantly affect the amount of the benefit.
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