retired You’re lucky because September brings you great news pension. One of the changes announced by the government with great excitement will be implemented this month. This will mean a significant increase in your income, which will begin to break into the industry. Bank account coming soon.
The increase will benefit almost 10 million people People receiving contribution pension. This is achieved by contributing at least 15 years and up to a maximum of 15 years throughout your working life. 37 years 9 months in 2023. This figure will also change and increase starting from next year. 38 years 6 months.
Social Security wants to provide a decent pension and is promoting a series of laws so beneficiaries can get more money. The management’s goal is to reach 2027 with a gradual increase. will reach 70% as follows:
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They will increase by 20% in 2024 compared to 2023
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They will increase by 30 percent in 2025 compared to 2023
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They will increase by 50 percent in 2026 compared to 2023
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They will increase by 75 percent in 2027 compared to 2023
Change starts now
The first step of this evolution is being taken this September. Government gave approval for the General State Budget 8.5% increase in contribution-based retirement. This leads to: significant increase Pension amounts compared to the previous year.
Pension It will increase between 63 and 260 euros monthly, depending on the amount you received in August. This amount is much higher than the amount received so far. This way it will be possible deal with inflation prices we are currently experiencing. As we look ahead to 2027, the increase will be even greater, giving retirees greater peace of mind about making ends meet.
The entrance is approaching
Social Security pays pensions between: 1st and 4th day of every month. However, banks give this deposit as an advance a few days in advance to facilitate the monthly payment. The date will vary depending on the banking institution, but among the vast majority 22nd and 26th of every month. Everyone concerned should check their bank account to see when they received their pension and the increase.