Low-income pensioners in the EU also receive money from the Low Income Retirement Aid Scheme.
The Ministry of Labor, Welfare and Social Insurance announced that today, Wednesday, March 3, 2021, will be in the bank accounts of almost 3,300 families of beneficiaries of the Low Income Retirement Assistance Plan (Low Retirement Allowance) who are at the same time eligible amounts of the allowance increase for the year 2020.
It is recalled that with decisions of the Council of Ministers, the Allowance for the Low Retirees was increased in 2020 so that none of the beneficiaries lives with total incomes below the poverty line. The increase in the Low Retirement Allowance, which has already been applied retroactively for the whole of 2020 for the beneficiaries of the Plan, ensures a minimum total income for a single low pensioner at € 710 per month and for a couple of low pensioners at € 1,216 per month.
The increase in the Low Retirement Allowance has already been implemented for the remaining 31,000 pensioner families who are beneficiaries of the Plan but are not also beneficiaries of the Minimum Guaranteed Income, with the increase of the allowance and the payment of retroactive payments for the year 2020, year.