Requirements to receive the subsidy for persons over 52
This aid is designed for individuals who, after meeting a certain age, no longer qualify for unemployment benefits, supplemental unemployment programs, or extraordinary unemployment support.
In addition, the subsidy can be collected without a predefined end date until reaching retirement age. At that point, pension payments begin as the main source of income.
Requirements to receive the subsidy for persons over 52
According to the Public State Employment Service’s SEPE website, those seeking to obtain this aid must satisfy the following conditions:
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Be in an unemployment status.
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Be 52 years old or older on the date the access conditions are met.
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Be registered as a job seeker for one month from the end of the unemployment benefit being received. Registration must be kept active for the duration of the subsidy.
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Agree to the activity commitment included in the grant application.
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Have no own income of any kind exceeding 75% of the minimum interprofessional salary when calculated monthly. If this condition is not met at the time the causal event occurs, the subsidy remains accessible if the criterion is met and documented within one year from that date.
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Confirm that all requirements are met except age to access any contributed pension, meaning having paid pension contributions for 15 years, two of which fall within the last 15 years. In addition, unemployment benefits must have been paid for at least six years during the working life.
SEPE: These are the benefits provided to the unemployed between ages 30 and 55.
Increase in support for citizens over the age of 52
The monthly subsidy for individuals over 52 years old equals 80% of the IPREM (Public Revenue Indicator). In 2022, that amount was €463.21 per month. Source: SEPE updates. (Source: SEPE)
The good news is that this amount rose in 2023 to €480 per month, translating to an additional €16.79 monthly for beneficiaries. Source: SEPE updates. (Source: SEPE)
SEPE notes that the aid is paid in monthly installments of 30 days, within the window between the 10th and the 15th of the month following the accrual month. Source: SEPE updates. (Source: SEPE)