Act No. 264 / 2002 Coll.
Act amending Act No. 155 / 1995 Coll., on Pension Insurance, as amended
Valid
Law
Effective from 01.07.2002
Text versions:
01.07.2002
28.06.2002
264
THE LAW
of 30 May 2002
amending Act No. 155 / 1995 Coll., on Pension Insurance, as amended
Parliament has decided on this law of the Czech Republic:
Act No. 155 / 1995 Coll., on Pension Insurance, as amended by Act No. 134 / 1997 Coll., Act No. 289 / 1997 Coll., Act No. 224 / 1999 Coll., Act No. 18 / 2000 Coll., Act No. 118 / 2000 Coll., Act No. 132 / 2000 Coll., Act No. 220 / 2000 Coll., Act No. 116 / 2001 Coll., Act No. 188 / 2001 Coll., Act No. 353 / 2001 Coll., Act No. 198 / 2002 Coll. and Act No. 263 / 2002 Coll., is amended as follows:
Paragraph 67 reads as follows:
(1) Paid pensions shall increase depending on the growth of the aggregate household consumer price index (hereinafter referred to as "price increases') in the period specified in paragraph 5 and on the growth of the real wage index (hereinafter referred to as" real wages growth ') in the period determined in paragraph 6.
(2) Pensions shall be increased from the payment of the pension due in January (hereinafter referred to as the "regular term") where the increase in the pension provided for in paragraph 4 is at least 2%.
(3) Pensions are increased outside the regular term (hereinafter referred to as the "exceptional term") if, in the period laid down in paragraph 5, the price increase was at least 10%. According to the first sentence, pensions are increased from the pension payment due in the fifth calendar month following the calendar month in which the price increase was at least 10%.
(4) The increase in pensions shall be determined in such a way that, for the average old-age pension, the amount corresponding to at least 100% of the price increase recorded in the period referred to in paragraph 5 and the amount corresponding to at least one third of the real wage increase recorded in the period referred to in paragraph 6.
(5) The period for determining price increases shall be determined by establishing that the first month of that period is the calendar month following the last calendar month of the period for determining the price increases used for the previous increase in pensions and the last month of that period shall be:
(a) within the regular period of July of the calendar year preceding one year of the calendar year in which the regular date of the increase in pensions falls;
(b) within an exceptional deadline, the calendar month in which price increases reached at least 10%.
(6) The period for determining the growth of real wages shall be determined by establishing that the first year of that period is the calendar year following the last calendar year of the period for determining the growth of real wages used in the previous increase in pensions, taking into account the growth of real wages, and the last year of that period shall be the calendar year preceding the calendar year in which the date of the increase in pensions falls. Where, in a specified period, the growth of real wages determined in accordance with paragraph 9 is less than 1, the growth of real wages shall be taken into account only when the increase of pensions in which, during the specified period, the growth of real wages determined in accordance with paragraph 9 is greater than 1.
(7) If, upon fulfilment of the condition for an increase in pensions within a regular period of time, in August of the calendar year preceding the calendar year in which the regular date of the increase in pensions falls, the condition for an increase in pensions within an exceptional period of time shall be increased only once and the increase in pensions according to price increases shall be determined on the basis of the price increases recorded in the period laid down in paragraph 5 (a) and in the period laid down in paragraph 5 (b). If the conditions for increasing pensions in the regular period and for increasing pensions in the exceptional period are fulfilled simultaneously in July, the pensions will only be increased in the exceptional period.
(8) In accordance with paragraphs 2 and 3, pensions awarded from a date falling within the period before the first day of the calendar month in which the date of the increase in pensions falls shall be increased.
(9) Price increases are collected according to the increase in the aggregate index of consumer prices for households, calculated from the original basic indices of consumer prices established by the Czech Statistical Office. price increases shall be determined as a proportion of the amount of this index in the last month of the price increase period and the amount of that index in the month immediately preceding the first month of that period. The growth of real wages shall be determined as the proportion of the numerator of the general assessment basis for the last calendar year of the period for determining the growth of real wages and the general assessment basis for the calendar year immediately preceding the first calendar year of that period and in the denominator shall be the proportion of the average annual index of consumer prices per household, calculated in total from the original basis indices of consumer prices established by the Czech Statistical Office for the last calendar year of that period and that average annual index for the calendar year immediately preceding the first calendar year of that period. The average old-age pension is determined according to the Czech Social Security Administration's data as the average amount of all old-age pensions not paid in parallel with another pension (§ 59) and the payment of which has been made for the last calendar month of the period for determining the price increase determined in accordance with paragraph 5.
(10) Increases in pensions are provided by the government by regulation; If the increase in pensions is within the regular period, the government shall fix the increase in pensions by 30 September of the calendar year preceding one year of the calendar year in which the regular date of the increase in pensions falls and the increase in pensions by an exceptional period shall be determined by the government within 50 days of the last day of the calendar month in which the increase in prices is at least 10%. ';
2. In the second sentence of Article 107 (3), the words "in exceptional terms' are inserted after the words" in which the percentage rates of pensions paid have been increased 'and the following words are added at the end: "in exceptional terms'.
For the first month of the period set for determining the growth of the aggregate household consumer price index, the calendar month in which the last increase in the pension paid was made before the date of application of this Act shall be considered for the purposes of the first increase in pension payments (Article I (1)).
This Law shall take effect on the first day of the month following that of its publication.
Klaus v. r.
Havel v. r.
Zeman v. r.
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Regulation Information
| Citation | Act No. 264 / 2002 Coll., amending Act No. 155 / 1995 Coll., on Pension Insurance, as amended |
|---|---|
| Regulation Type | Law |
| Author | - |
| Collection | Code of Laws |
| Date of Promulgation | 28.06.2002 |
|---|---|
| Effective from | 01.07.2002 |
| Effective until | - |
| Status | Valid |
The regulation text is for informational purposes only.
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