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The adjustment is coming and this is how it affects retirees

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The adjustment is coming and this is how it affects retirees

Retirees across the country should prepare to do this 180 degrees with pensions that no one would expect. Therefore, for many families and millions of people, the money collected at the end of the month is the only one they receive, so now is the time to start preparing for this notable change in pensions that no one would have perhaps imagined. . We have before us a series of changes that must be taken into account and which we might not have taken into account until now.

We have before us a significant change in pensions that will have to be taken into account. Especially when we are facing a period of great expenses and efforts that must be kept in mind. Spanish retirees are preparing for a time when their pensions must begin to be taken into account and which we perhaps would not have imagined until now. These are times of change that we would not have taken into account until now, and which could end up being what marks these dates that await us.

The adjustment is coming and this is how it affects retirees

Extra Christmas pay is already on the waythis means that retirees are among those who are attentive to these kinds of details which could end up being the ones who mark these days. The payments received by these types of people who have worked and contributed for decades are essential.

Knowing that Spanish retirees are those who earn the least in all of Europe, in particular the self-employed, who are the ones who suffer the consequences of these small payments. They must therefore survive solely and exclusively with this money that they will end up receiving at the end of the month.

Any changes to their pensions will depend largely on what they receive. Take into account what can really be what marks a before and an after. Therefore, we must take into account some details that could end up being what marks these days.

Knowing that we are in a period where prices are increasing disproportionately, it is important to be aware of one type of detail that can end up being what is truly decisive. Every euro must be invested in the best possible way.

It’s the 180 degree turn with pensions

Pensions are about to double, that is, we will see how a good amount of money will be collected at the end of the month. These 14 payments in which it is distributed Pensions might be what really affects us this time of year.

We are coming to the end and we are doing so while awaiting a notable cycle change that may be directly related to money adding to a long list of demands to consider. This is money that everyone will receive in a few days and it will mean a good injection of euros.

As indicated by Social Security: » Pensions are paid in 14 payments, one for each month of the year and two extraordinary payments per year, which take effect at the same time as the monthly payments of June and November and for the same amount than the ordinary monthly payment corresponding to said months. In the event of first recognition or resumption of the benefit of a pension, as well as in the event of suspension of the benefit of the pension or its extinction, the corresponding extraordinary compensation will be paid in the sixth part. Minimum amounts are guaranteed, depending on age and family responsibilities. The pension, including the amount of the minimum pension, will be revalued at the beginning of each year, in accordance with the provisions of article 58 of the General Social Security Law and the royal decree relating to the revaluation of pensions published annually . The retirement pension is taxable under the conditions set by the Personal Income Tax (IRPF) regulations and subject, where applicable, to the general regime of withholding taxes for Tax.

It is therefore this month of November that the Christmas pay will finally be collected. Extra money that, although it is associated with the arrival of these holidays, represents money that can end up being what really affects us. In an exceptional way, we will be able to overcome this year where everything is possible. Social Security guarantees this sum of euros which may end up arriving directly. Payment number 13, the one that arrives before the 14th, will be the one that retirees will receive in a few days.

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