Spain’s retirees are lucky this year. In 2024, your income will increase significantly thanks to the reforms approved by the Government in 2023. The reforms provide a fairly high revaluation in the current year. Social Security and the Institute for the Elderly and Social Services (IMSERSO) offers many subsidies to anyone who needs them, thus helping many households pay off their debts every month. Moreover, There are some payments that the majority of potential beneficiaries do not know about like this one specifically dedicated to housewives.
The job of housewife has a special status for everyone who performs it. they are not on the list Social Security like the rest of the jobTherefore, no savings are made for a future contributory pension. This means they are vulnerable when they reach the age to stop working. But housewives Yes, they can access a non-contributory pension of €7,250.60 per year in 2024.. To achieve this, these requirements must be met and not exceed this income level.
non-contributory retirement (PNC) increased by 6.9% in 2024Following the approval by the Management of this extraordinary increase from the 3.8% to be made by the contributors. The Ministry of Social Security, headed by Elma Saiz, confirmed that pensions will be given great importance and will continue to be considered so that the elderly can receive the necessary support until the end of the month. Moreover, It is very important to keep in mind that a housewife or housewife is not the same as a domestic servant.. The former, which is the current situation, does not contribute to Social Security, while the latter contributes to the public retirement system.
Housewives must meet these conditions in order to receive a pension.
Anyone wishing to apply for a non-contributory pension needs to know that there are different parameters that must be met in order to benefit from PNC. One of the requirements age, income and place of residence limitation. All this is done to limit it to only those who need it. The requirements are:
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Not having paid Social Security contributions.
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Being 65 years of age or older.
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Have an annual income of less than 7,250.60 Euros.
Be a Spanish citizen or legal resident of Spain for at least 10 years; Two of these periods must be consecutive and must occur immediately before the date on which assistance is requested.
But, There are exceptions to these obligations and these can be bypassed if there are more family members in the home.and the number of cohabitants will determine the limits for claiming them. For this, the annual income of all members of the economic cohabitation unit must be less than these figures.
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€12,326.02 for 2 people living together
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€17,401.44 for 3 people living together
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€22,476.86 for 4 people living together
If cohabitants include parents or children, the limits increase as follows:
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€30,815.05 for 2 people living together
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€43,503.60 for 3 people living together
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€56,192.15 for 4 people living together
How much will retirees receive?
Pensioners approved for the concession will receive an amount determined by their personal income and the economic unit of cohabitation. This may vary among you. 25% corresponds to 129.48 euros per month (1,812.65 per year) and the total corresponds to 517.90 euros per month (7,250.60 per year).
Therefore, housewives who do not have any income will receive their full pension without contributions. But, This will be lower as the beneficiary has other income, but can never be charged less than the minimum of 25%.. If there are other retirees in the cohabitation unit receiving non-contributory pensions, the amounts will be those determined by IMSERSO and available on the website.