On Feb. 12, POL ZUS reported on declaration of pensioners' income.
POL ZUS reported it is time for the annual settlement of pensioners and annuitants.
Pre-Retirement Activities
Individuals in receipt of a retirement or disability pension, but not of retirement age, and in 2024 were supplementing their benefit, should inform POL ZUS.
Specifically, disclosure about additional income by Feb-end, which includes remuneration for full-time work or commission, or income from business activity.
Exceptions
Those who have reached retirement age are not required to disclose extra activity.
Limits on earning extra money do not apply to people receiving a survivor's pension, with a right to a retirement pension on reaching the general retirement age.
Other exceptions, among others, a partial pension, war or military disability pension.
Obligatory Disclosures
Information on revenues is necessary for POL ZUS to determine whether it paid the benefit in the correct amount in 2024, and there are certain restrictions.
Pensioners who have not reached the general retirement age (60 years for women and 65 years for men) are subject to limits on supplementary benefits.
Therefore, these people are obliged to notify POL ZUS by the end of Feb. 2025 about the additional income they earned last year, in 2024.
This applies, among others, to remuneration under an employment contract, contract of mandate, serving as member of the supervisory board or business activity income.
Revenues are settled on the basis of a certificate issued by the pensioner's workplace.
Self-employed persons must submit their own statement in which they declare the basis for the assessment of social security contributions as their income.
Income from work abroad and income from membership in the supervisory board are also included in the settlement, and POL ZUS will calculate accordingly.
In order for POL ZUS to settle the benefit in the most favorable way (annually or monthly), certificates can be submitted of earnings earned in individual months.
Even if the limit has been exceeded in some months and not reached in others, the annual settlement may not have any financial consequences.
Effectiveness
Additional income of pre-retirement persons must be disclosed by Feb. 28, 2025.
