Budget 2027: Government Plans to Abolish 10 per Cent Reduction on Pensions
11 Articles
11 Articles
In view of the country's fiscal situation, Public Accounts Minister David Amiel indicated that the government could not afford to index pensions to inflation at the same time and to bear the 10% reduction.
Raising pensions or preserving the 10% tax reduction? Public Accounts Minister David Amiel warns: given the state of public finances, the government will have to make a choice in Budget 2027.
Minister of Public Accounts David Amiel states that maintaining indexation of pensions on inflation would be financed by removing the tax allowance for pensioners Any indexation of pensions on inflation will be financed, in proportion, by the partial or even total removal of the 10% discount for pensioners, said Minister of Public Accounts David Amiel, on South Radio, Friday.
The government will have to decide between the indexation of pensions on inflation and the tax reduction of 10%. Public Accounts Minister David Amiel announced that it will be necessary to choose, since the two measures cost €6 billion.
The Minister of Public Accounts confirmed this Friday that pensioners would be subjected to an effort under the 2027 budget. It will be either a removal of the income tax reduction or a deindexation of certain pensions from inflation, said David Amiel. - "No half measure": end of the reduction or deindexation of pensions, what efforts for pensioners? (Economy).
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