This support is crucial for older citizens who face challenges in the labor market. The subsidy for people over 52 is an economic aid designed for unemployed Spanish residents who have reached this age. Its goal is to provide financial stability until retirement, helping beneficiaries transition into that stage of life with less stress.
To qualify, applicants must meet several criteria. These include:
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Have aged 52 or more.
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Be registered as a job seeker.
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Have contributed to Social Security for at least 15 years.
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Meet the pension access rules tied to contribution, apart from age. In the past, recipients were required to retire early, but that is no longer mandatory, and workers can choose to retire early or continue working until reaching the standard retirement age.
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Have income not exceeding 75% of the Minimum Interprofessional Salary (SMI), excluding Social Security contributions.
The subsidy amount for beneficiaries depends on IPREM (Public Revenue Indicator of Multiple Effects), a measure typically updated yearly. As of 2024, those receiving the over-52 subsidy receive 80% of IPREM, which equates to 480 euros per month. Source: Government authority.
Additionally, this subsidy contributes to the SSI for retirement, with the subsidy’s contribution set at 125% of the minimum base. Source: Government authority.
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Latest news on subsidy for over 52s
The government has continued subsidy reforms amid a period of turbulence. On December 19, the Council of Ministers approved changes to unemployment benefits including the allowance for people over 52. Source: Government authority.
Key changes include adjustments to access conditions. Previously, the income cap was 75% of the Minimum Interprofessional Wage (SMI). Under the reform, individuals with family responsibilities whose household income does not exceed this limit may also apply. Source: Government authority.
One of the most debated elements was the adjustment of premium bases. This caused opposition in recent parliamentary discussions, affecting how the subsidy is calculated moving forward. From 1 June 2024, new beneficiaries saw revised contribution bases: 120% in 2024, 115% in 2025, 110% in 2026, and 105% in 2027, instead of the prior 125%. Source: Government authority.
Another major change allowed people over 52 to combine the subsidy with employment for up to 180 days. Source: Government authority.
After the non-approval of Decree Law 7/2023, measures were temporarily paused, with no changes enacted for subsidies for those over 52. Source: Government authority.
Minister of Labor Yolanda Díaz announced that, following the increase in the Minimum Interprofessional Wage, a working group with unions and social actors would be convened to discuss subsidy reform. The initial meeting was planned for this Friday but was postponed. Final agreements, if any, are to be announced once the group reconvenes. Source: Government authority.