Pension increase in 2024: Good news for retirees

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The purpose of the increase in pensions is to increase the purchasing power of those who benefit from this benefit, while maintaining the sustainability of the public pension system. But reality shows that Around 60% of retirees earn an income that does not reach the Minimum Interprofessional Wage (SMI)Among retired women, this rate rises to almost 70%.

Among the most notable proposals is that the minimum contribution pension for people with a dependent spouse should be equal to 60% of the average income of a household consisting of two adults. Regarding the minimum non-contributory pension, it is intended to reach the following level: At 75% of the individual poverty lineIt will mean an increase of . around 600 euros per month (about 8,300 euros per year).

According to the determined periods, new rise pension It will take place between 2024 and 2027. Yes definitely, the rise will be progressive just like in recent years. In this way, the first increases should occur in 2024 and improve each year until 2027.

According to Social Security’s data and estimates, Minimum pension will rise from 13,500 euros per year in 2023 to 16,500 euros per year in 2027.

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