Subsidy for over 52s could improve your retirement: here’s why

No time to read?
Get a summary

In the current panorama of social assistance in Spain, Allowance for citizens over 52 years of age It stands out as an important measure. This aid not only provides financial support to those in need, but also plays an important role in development planning. pension. Recently, the proposed reform of this subsidy has been the subject of controversy, especially by the Podemos opposition, which has led to the following consequences: No significant changes have been implemented for now.

What is the subsidy for people over 52 and why is it so important?

The subsidy for people over 52 is more than simple financial support; It is an investment for the future. Right now, This subsidy allows beneficiaries to contribute to retirement during the collection period, With a contribution of 125% of the current minimum limit. This means that receiving benefits for people over 52 not only helps in the present but also increases the amount of income in the future. pension pension.

reform unemployment benefit offerThe Plan, which includes changes to the subsidy for people over 52, proposes to gradually reduce the pension contribution base from 125% to 105% over four years. Podemos criticized the measure, arguing that although it was in line with other reform measures, it could lead to cuts in future pensions.

This is what the subsidy for people over 52 looks like today

Now, existing will be preserved price for retirement Allowance for citizens over 52 years of age. This means that beneficiaries will continue to benefit from 125% of the current minimum contribution. Additionally, the subsidy provides: The monthly amount of 80% of IPREM is 480 euros per month in 2024.

Moreover, For those over the age of 52, the benefit can be received until they reach the normal retirement age.As long as the necessary conditions are met. In 2024, the normal retirement age in Spain will be 66 years and six months for those who have paid contributions for less than 38 years, and 65 years for those who have paid contributions for 38 years or more.

Who can receive benefits over the age of 52?

This subsidy is for people aged 52 and over who are unemployed and have exhausted their unemployment benefits. In addition, it is necessary to meet the necessary contribution requirements in order to receive a contributory pension.

This benefit for people over 52 represents a valuable aid for many Spaniards, providing not only immediate financial support but also the possibility of a more secure and dignified retirement. Despite the controversy and political debate, this subsidy remains the mainstay of Spain’s social protection system, helping thousands of people move towards a more stable future.

No time to read?
Get a summary
Previous Article

The possible target of the drone attack on Voronezh has been revealed

Next Article

A mother who allowed her child to wander around the plane during a long flight was condemned on social networks