Subsidy for people over 52: When and how to get help?

HE Allowance for people over 52 years of age This is an economic allowance provided by the Spanish government. This financial support is provided to people who are over 52 years old and unemployed to support them until they reach retirement age.

To access the subsidy, applicants must meet certain requirements:

• Have 52 years and above.

• Register as job seeker.

• Have Having contributed to Social Security for at least 15 years.

• Meet the requirements to access contribution based pensionexcept age. Previously, recipients of this benefit had to take early retirement, but this is no longer the case and the worker can choose to do this or take benefits until they reach retirement age.

• Have an income of no more than 75% of the Minimum Interprofessional Salary (SMI)Excluding Social Security contributions.

The subsidy amount has been recalculated to more accurately reflect recipients’ needs. Currently, the amount of the subsidy is 480 euros per month, which is 80% of the IPREM, and is granted until the person reaches retirement age, as long as the necessary conditions are met.

In addition, this subsidy also contributes to SSI for retirement. Currently the contribution of this subsidy is 125% of the minimum base.

When can people over the age of 52 get help?

Many new beneficiaries of this benefit wonder when the benefit is collected from people over 52 years of age. Well, on the website of the State Public Employment Agency (SEPE), it is stated that the subsidy payment will be made in 30-day monthly installments between the 10th and 15th of the month immediately following the accrued month. “With exceptions, it will be accomplished by depositing funds into the account of the financial institution you specify for as long as you are the owner,” the website states.

Of course, the financial institution chosen to collect the subsidy Must be cooperative with Social Security. You can review the full list of organizations on this website, but we told you that the numbers are almost close to a hundred, so we do not believe this point will be an issue when receiving subsidies.

As exceptions, payment Allowance for citizens over 52 years of age Can be done in cash in the following cases:

• Whenever a situation exists and only so long as that situation is maintained, Never allow SEPE to credit the benefit to your account.

• When the worker claims and justifies some personal circumstances regarding the payment of the payment to account pcan cause serious harm. SEPE may or may not take into account the reasons you give.

• personal situations Those that can be accepted are:

• Being a victim of gender-based violence or domestic violence, or finding yourself in a situation that requires special protection, in order to protect the identity and safety of those affected. These situations are justified by the document provided by the competent Administration, unless they are duly justified in the file.

• The employee claims and justifies that he cannot open a checking account.

• When the worker is authorized by SEPE to make payment with a receipt and the reasons given for obtaining this permission are stated with justification in the file.