HE Allowance for citizens over 52 years of age In Spain, it is a very important economic aid aimed at supporting people in difficult situations who are at an advanced stage of their working lives. unemployment. Here we will tell you what this support is, who can receive it and how you can apply. We will also cover the latest changes implemented by the Government, which affect important aspects such as the amount, contributions and conditions for early retirement.
What is the allowance for people over 52 years of age?
The subsidy for people over 52 years of age is a benefit provided by the State Public Employment Service (BASKET) in spain. It is designed to provide financial support. Unemployed people over 52 years old until you reach retirement age. This subsidy is particularly important as it provides financial support at a time when finding a new job can be particularly difficult.
To qualify for this subsidy, applicants must meet several requirements:
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Have 52 years or more at the time of application.
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To be registered as a job seeker For at least one month after the end of unemployment benefits.
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Have Paid unemployment insurance for at least 15 years throughout their working lives
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Meet the requirements to access contribution based pensionexcept age. Previously, those who received this support had to retire early, but this is no longer the case.
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Have an income of no more than 75% of the Minimum Interprofessional Wage (SMI), excluding Social Security contributions.
How to apply for subsidy for people over 52?
Applications for allowance for those over the age of 52 are made through SEPE. Those who are interested can send their applications In person at SEPE offices, by appointment or via SEPE electronic headquarters. It is important to have all required documentation, including personal identification information, employment documents, and other documents proving compliance with requirements.
Significant changes to subsidy for people over 52
Recently the Government introduced new changes to the subsidy for people over 52 years of age. These changes are significant and directly impact beneficiaries:
- The amount is protected. Contrary to what many people expected, The amount of subsidy did not increase. It remains at 80% of the Multiple Impact Public Income Indicator (IPREM), where aid falls to 480 euros per month. What is certain is that IPREM has not yet been updated for 2024. If this public indicator increases, the amount of benefits over 52 will also increase.
- Decrease in contributions. One of the most important changes is the reduction of SSI premiums. This is a significant change for those applying for this subsidy from 1 June 2024, as currently the contribution from this subsidy is 125% of the minimum base and this rate will decrease. Thus, the contribution base will be 115 percent in 2025, 110 percent in 2026 and 105 percent in 2017.
- Work and fundraise as a complement to employment support. Finally, new Government regulation also establishes that the collection of unemployment benefits can be aligned with employment. Thus, for those receiving subsidies on a full-time or part-time basis and re-entering the labor market, this assistance for people over 52 will become a complement to employment support.
Source: Informacion
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