The Ministry of Social Security is already preparing the revaluation of pensions which will benefit more than 12.3 million contributory and non-contributory benefits in force by December 2024. The January improvement will guarantee the sufficiency of more than 2 million minimum retirement, widowhood and permanent disability benefitsas well as those for the orphanage and those granted in favor of family members.
The minimum pensions of the system acquired particular importance after the reform carried out by the former minister and current governor of the Bank of Spain, José Luis Escriva: these benefits they increase more than inflation with the aim of equaling the minimum poverty line. The publication of the draft royal decree in Transparency, which you can consult here, is in fact the preliminary step to the annual updating of pensions.
The Government has expressed the objective of establishing that in 2027 a minimum amount of the contributory retirement pension for a holder over 65 years of age with a dependent spouse, which will serve as a reference amount, cannot be less than the threshold of poverty calculated for a household. composed of two adults.
How is the minimum pension calculated?
Social Security takes the National Institute of Statistics (INE) and its Living Conditions Survey (ECV) as a reference. To update the reference data and prevent the new minimum pension from becoming obsolete, apply a growth trajectory consistent with previous years and estimate an average value to update the reference income level in order to reassess the minimum pensions. SO, considers that the minimum poverty threshold will increase by 4.26% in 2025 and will be set at 11,944.88 euros.
So, while Contributory pensions will generally increase by 2.75% which will result in a cost of 5 billion euros for Social Security funds, minimum pensions will see an additional increase of almost 900 million.
The ceiling for access to supplements for pensions below the minimum amount is set at 10,717 euros per year for beneficiaries with a dependent spouse and at 9,188 euros per year for single households or without a dependent spouse.
The amount of non-contributory Social Security pensions is 7,903 euros per year, which has an impact on the amount to be received, whatever the configuration of cohabitation.
Minimum amount of retirement pensions in 2025
The increase in minimum pensions caused by retirements will benefit 1.2 million benefits.
Holder aged 65 or over.
- With dependent spouse. The estimated provisional amount will be 1,127.20 euros per month and will benefit 201,621 retirees.
- With non-dependent spouse. The provisional estimated amount will be 829.70 euros per month and will benefit 661,339 retirees.
- Without a spouse (single person): The estimated provisional amount will be 874.10 euros per month and will benefit 375,990 retirees.
Owner under 65 years old.
- With dependent spouse. The estimated provisional amount will be 1,127.20 euros per month and will benefit 928 retirees.
- With non-dependent spouse. The estimated provisional amount will be 772.90 euros per month and will benefit 745 retirees.
- Without a spouse (single person): The estimated provisional amount will be 817.70 euros per month and will benefit 599 retirees.
Holder aged 65 with a major disability.
- With dependent spouse. The estimated provisional amount will be 1,690.70 euros per month and will benefit 489 retirees.
- With non-dependent spouse. The estimated provisional amount will be 1,244.50 euros per month and will benefit 892 retirees.
- Without a spouse (single person): The estimated provisional amount will be 1,311.10 euros per month and will benefit 724 retirees.
Minimum amount of permanent disability pensions in 2025
The increase in minimum pensions caused by permanent disability will benefit 138,000 benefits.
Great handicap.
- With dependent spouse. The estimated provisional amount will be 1,690.70 euros per month and will benefit 461 retirees.
- With non-dependent spouse. The estimated provisional amount will be 1,244.50 euros per month and will benefit 526 retirees.
- Without a spouse (single person): The estimated provisional amount will be 1,311.10 euros per month and will benefit 894 retirees.
Absolute.
- With dependent spouse. The estimated provisional amount will be 1,127.20 euros per month and will benefit 8,821 retirees.
- With non-dependent spouse. The provisional estimated amount will be 829.70 euros per month and will benefit 15,793 retirees.
- Without a spouse (single person): The estimated provisional amount will be 874.10 euros per month and will benefit 28,774 retirees.
Total 60 to 64 years old.
- With dependent spouse. The estimated provisional amount will be 1,127.20 euros per month and will benefit 9,434 retirees.
- With non-dependent spouse. The estimated provisional amount will be 772.90 euros per month and will benefit 21,986 retirees.
- Without a spouse (single person): The estimated provisional amount will be 817.70 euros per month and will benefit 15,711 retirees.
Total derived from common illness, aged less than 60 years.
- With dependent spouse. The provisional estimated amount will be 644.30 euros per month and will benefit 5,352 retirees.
- With non-dependent spouse. The provisional estimated amount will be 638.80 euros per month and will benefit 2,044 retirees.
- Without a spouse (single person): The estimated provisional amount will be 644.30 euros per month and will benefit 29,079 retirees.
Minimum amount of widow’s pensions in 2025
The increase in minimum pensions caused by widowhood will benefit 581,000 benefits.
- Holder with charges: The estimated forecast amount will be 1,127.20 euros per month and will benefit 15,010 retirees.
- Holder aged at least 65 or with a disability greater than 65%: The estimated provisional amount will be 874.10 euros per month and will benefit 516,522 retirees.
- Holder between 60 and 64 years old: The estimated provisional amount will be 817.70 euros per month and will benefit 29,272 retirees.
- Holder under 60 years old without charges: The estimated forecast amount will be 662.20 euros per month and will benefit 20,985 retirees.
Minimum amount of orphan’s pensions, family benefits and other supplements in 2025
- The provisional estimated amount of orphan’s pensions will be 267.40 euros per month and will benefit 144,725 retirees.
- The provisional estimated amount of family member pensions will be 267.40 euros per month and will benefit 22,751 retirees.
- The Social Security project also envisages other pensions with minimum supplements: 7,045 cases.
- The provisional estimated amount of SOVI pensions will be 551.40 euros per month and will benefit 206,579 retirees.
Gender gap and other improvements
The allowance for a dependent child or minor with a recognized disability equal to or greater than 65% reaches 5,803.20 euros per year in 2025, while the allowance for a dependent child or minor with a recognized disability equal to or greater than 75% % amounts to 8,703.60 euros. euros per year.
He the supplement intended to reduce the gender gap is also reassessed by 5% in 2025. According to the legislation, there is a positive impact due to gender since a significant number of women benefit from the increase, receiving the minimum pensions more than men and, more precisely, the gender gap supplement.
The mobility and transport cost compensation subsidy will be increased in 2025 by a percentage of 2.75%, to reach an annual amount of 1,002 euros per year.
