According to the final draft of the 2026 Budget submitted to Parliament today, pension increases will be implemented from next year through the abolition of personal differences and based on inflation and GDP adjustments.
During 2025, the following measures were implemented:
- pension increases based on inflation and GDP by 2.4%, with a fiscal cost of €474 million,
- annual adjustment of Pensioner Solidarity Contribution limits, ensuring pensioners subject to this contribution receive the full pension increase amount,
- extension from 2025 of pharmaceutical expense exemptions for low-income pensioners, and
- establishment of €250 social support every November for pensioners over 65 with low income criteria (€14,000 for unmarried and €26,000 for married) as well as for uninsured elderly and disabled individuals, with an annual cost of €360 million.
The new measures for pensioners, beyond the benefits of tax reform and November support, which will be implemented from 2026, are as follows:
- further pension increases based on inflation and GDP,
- exclusion of pension supplements for working pensioners from their employment when calculating solidarity contribution, and
- elimination of 50% offset of pension increases with personal differences from January 2026, with complete abolition of offsetting from January 2027. This measure is estimated to directly benefit approximately 671,000 pensioners.
The total cost of pension increases based on inflation and GDP, taking into account the non-offsetting with personal differences, is estimated at €629 million for 2026.
