The average pension increased by almost 5.4% to 1,257.9 euros

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this Average pension reached 1,257.9 euros per month in October, almost 5.4% more than the same month last year. In the General Programme, the average pension was 1,405.9 euros, while in the Self-Employed Plan it was 837.3 euros per month. The average pension in Coal Mining is 2,451.4 Euros per month and 1,396 Euros in Marine Mining.

Average amount of new registrations pension In September (latest data available) it rose to 1,435.7 euros per month.

In October, average pension widowhood amounted to 780.6 euros per monththe average pension of the system that includes the different classes, with an annual growth of 5.2% pension (in favor of pensions, permanent disability, widows, orphans and relatives) rose 5.4% to EUR 1,093.13 per month on 1 October.

this Social Security allocated to the payment of the record figure of 10,887 million euros in the current October. contributing pensionsAs reported by the Ministry of Participation, Social Security and Immigration on Tuesday, the increase in expenditures homogeneously was 4.5% year-on-year, 6.2% more than in the same month of 2021.

Department you manage José Luis Escriva Retirement spending is estimated to be 11.8% of GDP in the tenth month of the year, a percentage lower than in 2020 (12.4% of GDP), a year conditioned by the impact of the pandemic on GDP, and also lower than 2021 is doing. (12.1% of GDP).

Almost three-quarters (72.5%) of the 10,887 million euros allocated to the payment of premium pensions in October were allocated to the payment of pensions, which totaled 7,890.2 million euros, which is 6.77% more than in October last year. .

€ 1,836 million was allocated to the widow’s pension, almost 5.1% more than a year ago, while € 982 million (+3.9%) was allocated to permanent disability benefits.

The payment of the orphan’s benefit required 149.8 million (+4.9%) and the total benefits in favor of family members amounted to 28.5 million Euros (+6.9%).

In October of this year, 9,959,123 contributed pensions were paid to just over 9 million retirees, 0.8% more than a year ago. Of the total pensions, 6.27 million were pensions; 2.35 million widow’s pension; 948,917 permanently disabled; 341,194 of them are in favor of orphan’s pension and 44,505 in favor of relatives.

As of October 1, 4.6 million of the total number of retirees (9,022,989) are men and 4.4 million are women. The number of pensions per pensioner is 1.1.

The main pension received is pension for 6.2 million people; widows for 1.6 million people; permanent disability for 943,539 retirees; 323,925 people were given orphans and 43,766 retirees were given relative aid.

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