INE published its final CPI data for November this Thursday. contribution based pensionSalaries such as pensions will increase from January 1, 2024 3.8%. Two weeks ago the public authority was already pointing to the figure for the revaluation of public benefits, and this Thursday there were no surprises or significant deviations, confirming the expected revaluation. Currently, about 10 million people in Spain receive some form of Social Security retirement, and 1.7 million of them live in Catalonia.
Since 2021, the latest legislative amendment designed by the previous Minister of Participation and Social Security has been in force, José Luis Escriva, to maintain purchasing power of retirees. Under the current rule, contribution payments will increase each year according to the average CPI calculated from November of that year to December of the previous year.
A 3.8% revaluation of pensions would increase the currently available average contributory pension. 1,197.9 euros (based on the payroll paid in November) up to 1,243.3 euros, an average increase of around 45 euros. The increase will apply to all contributions and increase the maximum pension. 3.175 euros The monthly gross (in 14 payments) is 116 euros more than in 2023.
This week, the government announced at the latest legislative meeting with EH Bildu and the unions that it would implement a more significant increase in widows’ pensions. For widows or widowers with dependent relatives, this amount will increase by 14% and exceed 1,000 euros for the first time.
The revaluation of the remainder of widows’ pensions is still awaiting approval by the Executive, and there are planned contacts this week and next between the Ministry of Participation team and teams from employers and unions, where final arrangements can be made. numbers. Minister for now Apple Saiz He has already announced that he foresees a 5 to 7 percent increase in non-contributory minimum pensions.
The state pays pension payrolls of approximately €12,100.8 million each month; This corresponds to 11.5% of Spain’s GDP. “Thanks to the pension reform approved in 2021, with the contribution of social actors and political parties who voted in favor, the Spanish Government is protecting the purchasing power of our pensioners for the third year in a row,” said the Minister of Social Security. and Migrations, Apple Saizin a video posted on social networks.