Significant increase in pensions from 2024

A pension is very important for many older people because it is the only way they can pay for everything they need to live. The amount each retiree receives varies depending on the specified parameters It can be changed by Social Security at any time.

to collect minimum pension 783.10 eurosminimum contribution at least 15 years. From there, variables like dependent family members or whether you have a disability start being added. It increases as a percentage until it reaches here. Maximum monthly pension of 3,000 euros they are necessary for this 36 years and 6 months of work.

However, starting from the next 2024 new retirement system which will increase this subsidy in almost every case. This expansion will be implemented over the next three years. It will reach its peak in 2027.

What will happen now?

The value of pensions will be revalued from 2024 to 2027 75 percent of the poverty line Calculated for a single-person household. Thus, it is aimed to help the elderly benefit more from this income.

There is also a gender gap supplement that will be applied to some pensions. 10% additional to CPI reference. It will be 2026 when a significant increase will be recorded. Annual gross 16,511 Euros. The gradual increase will be done as follows:

  • Inside 2024 It will increase by 20 percent compared to 2023

  • Inside 2025 It will increase by 30 percent compared to 2023

  • Inside 2026 It will increase by 50 percent compared to 2023

  • Inside 2027 It will increase by 75 percent compared to 2023

The government is also considering increasing other pensions, such as widow’s pension. Between 17% and 30% With the aim of reaching these increases from 2024 to 2024 40 euros per month until 2027. Other subsidies planned to be increased are those for orphans and the disabled.

Source: Informacion

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