HEAllowance for citizens over 52 years of age This assistance is of vital importance for citizens who have reached advanced ages in our country and face difficulties in the labor market. The subsidy for people over 52 is an economic benefit for Spanish citizens who have reached this age and are unemployed. This subsidy aims to provide financial support to the beneficiary until they reach retirement age, thus facilitating their transition to this new phase of their life.
To be eligible for the subsidy, applicants must meet several criteria. These include:
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Have 52 years and above.
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Register as job seeker.
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Have Having contributed to Social Security for at least 15 years.
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Meet the requirements to access contribution based pensionexcept age. Previously, recipients of this benefit had to take early retirement, but this is no longer the case and the worker can choose to do this or take benefits until they reach retirement age.
- Have an income of no more than 75% of the Minimum Interprofessional Salary (SMI)Excluding Social Security contributions.
The subsidy that beneficiaries receive depends on the IPREM (Public Revenue Indicator of Multiple Effects), which is usually updated every year and has not yet undergone this change in 2024. Currently, those who benefit from the subsidy for people over 52 They get 80% of IPREM, so 480 euros per month.
In addition, this subsidy also contributes to SSI for retirement. Currently the contribution of this subsidy is 125% of the minimum base.
Latest news on subsidy for over 52s
The government’s subsidy reforms are in turbulent times. On December 19, the Council of Ministers approved a reform that introduced some changes to unemployment benefits. Allowance for people over 52 years of age.
The main innovations were several. The first of these was changes in the conditions of access to subsidies. Previously one of the conditions for accessing this benefit was that the applicant’s income could not exceed 75% of the Minimum Interprofessional Wage (SMI), but in the reform proposed by the Government, this benefit was Individuals who have family responsibilities and whose family unit’s total income does not exceed this limit may also request this.
However, the most controversial measure regarding the subsidy for citizens over the age of 52 was undoubtedly the change of premium bases. This was the point that caused Podemos to vote against reform in Las Cortes recently, paralyzing what was normal. What does this point mean From 1 June 2024 New beneficiaries of the subsidy will see what they will be like in 2024 The contribution base was 120 percent in 2025, 115 percent in 2025, 110 percent in 2026, and 105 percent in 2027.. Let’s remember that it was previously set to 125%.
Finally, another of the most important changes of the reform was that people over the age of 52 could combine the subsidy with employment for a maximum of 180 days.
Therefore, after non-approval Decree Law Congress 7/2023 We return to the starting point. All measures announced by the government were “frozen” and no changes were made to subsidies for over 52s.
Minister of Labor Yolanda Díaz announced following the approval of the Minimum Interprofessional Wage (SMI) increase: will convene a working group of unions and social actors to consider subsidy reform. Originally this meeting was to take place this Friday but was ultimately not called. So we are waiting for this to happen and the agreements reached (if any) to be announced.