May 31 is an important ZUS deadline. You can lose a lot of money due to inattention

• People earning extra money to supplement their pre-retirement benefits or allowances have until May 31 to submit a certificate of their income to ZUS.
• The certificate is to cover income for the period from March 1, 2023 to February 29, 2024, ZUS spokesman Paweł Żebrowski told PAP.
• In order to receive the full amount of the pre-retirement benefit or allowance, the annual amount of income in the settlement period could not exceed PLN 19,390.20 gross.

As ZUS spokesman Paweł Żebrowski noted, "information on income is necessary for ZUS to determine whether it paid the benefit in the correct amount".

He pointed out that people who continue to work and at the same time receive pre-retirement benefits or allowances are obliged to comply with income limits.

- If the income exceeds certain thresholds, i.e. 25 percent and 70 percent of the average salary in the calendar year preceding indexation, the benefit may be reduced or suspended - informed the ZUS spokesman.

He emphasized that in order for ZUS to be able to settle the income for a given year, "people earning extra money to supplement the pre-retirement benefit or allowance must provide ZUS with a certificate from their workplace about their earnings for the period from March 1, 2023 to February 29, 2024 by May 31."

He added that people who run their own businesses file their own declaration. He explained that "their income is the declared basis for calculating social insurance contributions." He noted that income from work abroad or from being a member of a supervisory board is also subject to settlement.

Depending on what is more advantageous for the client, ZUS will settle the benefit from the income for each month separately or from the total income for the entire settlement period.

- Some people can also count on compensation - added the ZUS spokesman.

He explained that:

• in order to receive the benefit or pre-retirement allowance in full, the annual amount of income in the settlement period 03/2023-02/2024 could not exceed PLN 19,390.20 gross.
• however, if the income exceeded this amount, but was not higher than PLN 53,308.80 gross , ZUS will make deductions from the benefit. In turn, after exceeding this amount, ZUS will suspend the payment of the benefit

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