With a big move Ministry of Laborincrease Minimum Interprofessional Wage (SMI) is on the negotiating table. This change will not only affect active employees, but also their access conditions. SEPE unemployment benefits. With the proposal to increase the SMI to a figure between 1,112 and 1,200 euros per month, a new page in management opens. AIDS for unemployed.
What does this mean for SEPE beneficiaries?
SEPE, which administers various unemployment benefits, is at a crossroads due to this potential increase in employment. SMI. This increase will change the income threshold at which access to subsidies is allowed. Currently, this limit is 75% of SMI, excluding extraordinary payments. Therefore, a higher SMI will mean a higher income limit for benefit beneficiaries. BASKET.
The numbers behind SEPE unemployment benefits
With the current SMI setting the limit at €810 per month, an increase to €1,112 would increase this threshold to €834. If SMI reaches 1,200 euros, The limit of SEPE unemployment benefits will increase to 900 euros per month. These changes are vital for those in need of assistance, as exceeding this limit may mean losing the right to benefit from benefits.
Will the increase in SMI affect the amount received in unemployment benefits?
A frequently asked question is whether the increase in SMI will directly affect the amount received in SEPE unemployment benefits. Multiple Impact Public Income Indicator of unemployment benefit (IPREM), is updated every year. As the 2024 General Government Budgets are prepared, we will soon find out whether there will be an increase in IPREM that could affect SEPE subsidies.
Different actors such as the Employers’ Union, CCOO, UGT, CEOE and Cepyme have different views on the amount of increase in SMI. These negotiations are closely followed by both countries. workers for beneficiaries unemployment benefits Because the results will directly affect their daily lives.
Changes to the SMI and its impact on SEPE unemployment benefits are a matter of great importance. Recipients of this aid should pay attention to these changes to understand how they may affect their financial situation. SEPE, in its role supporting the unemployed, will certainly provide additional guidance and resources to navigate these changes.