Differentiated pension uprating in 2020: 1% up to €2,000 a month, 0.3% above

Article 81 of the 2020 Social Security Financing Act limits the 2020 uprating of benefits and pensions paid by the basic compulsory schemes to 0.3%, as a derogation from inflation indexation. Old-age and disability pensions of insured persons whose total pension (basic and supplementary) does not exceed €2,000 a month are excluded from this derogation and uprated under the usual rule (1%, forecast inflation for 2020). A smoothing mechanism applies between €2,000 and €2,014 (coefficients of 1.008, 1.006 and 1.004). The minimum old-age pension, minimum survivor's pension and widowhood allowance also remain uprated normally.