Minimum Living Income in Spain and Related Benefits for 2023
Spain introduced several changes in 2023 to support vulnerable citizens. The Minimum Vital Income IMV stands out as a key social measure. A revaluation of 8.5 percent was applied to SSI premium and passive class pensions, including the minimum pension, aligning with last year’s average inflation. In addition, non-contributory retirement and disability pensions with IMV recipients continue the extraordinary 15 percent increase approved last July.
The 2023 guaranteed income amounts for IMV vary by the type of cohabitation unit. Monthly figures in non single-parent units range from 565.37 euros for an adult to 1,243.83 euros for an adult with more than three children. For example, a household of two adults and one minor may receive 904.60 euros per month, while a family of two adults and two minors would receive 1,074.21 euros monthly.
To review all amounts reflected in aid, hover over the chart below. The type of family and the corresponding monthly income will be specified.
In single parent units these figures increase, starting at 859.37 euros for one adult with a minor and reaching 1,368.21 euros for one adult with four or more minors.
In addition to these amounts, monthly alimony supplements that vary with the ages of minors have been implemented. According to official information from the Social Security website, which is accessible via the link below, the supplements are as follows:
- Children under three years of age: 115 euros.
- Children over three and under six years old: 80.50 euros.
- Persons over six and under eighteen: 57.50 euros.
Benefit in line with the Minimum Living Income: these are the benefits you can claim
employment promotion
Another notable change in 2023 is the employment incentive. This mechanism aims to ensure that IMV beneficiaries who join the labor market or increase their working hours see a higher disposable income than they would without working.
When the IMV recipient records an increase in business income up to 60 percent of the Guaranteed Income for the household type, the incentive will raise disposable income by the same amount. The official note also states that a beneficiary’s disposable income will rise if income from work increases between 60 and 100 percent of the guaranteed income. The amount of the incentive varies based on three factors:
- Presence or absence of minors, with a higher incentive for households with children
- Household composition, with a higher incentive for single parent families and people with disabilities
- Previous ties to the labor market, with newcomers to the labor market receiving stronger incentives
Finally, it is stated that the incentive will be maintained at a reduced level even when salary increases exceed the guaranteed income threshold for the household type of the beneficiary. These measures reflect a broad strategy to support vulnerable families and individuals while promoting job placement and providing direct financial assistance.