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This is what this month’s pension increase looks like

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This is what this month’s pension increase looks like

THE pensions will suffer the consequences of a significant increase that we must begin to take into account following Social Security. The time of year is approaching where every euro counts, Christmas represents an additional expense that we all must have on the table and especially when it comes to a group as vulnerable as our country’s retirees. Experts in the art of juggling to make ends meet. They are starting to bring us good news as we see from these experts who can change everything.

Without a doubt, we are waiting for a new reality that could arrive soon with a significant increase in pensions that we must take into account and that we may not even have taken into account until now. These are times of change for which we must be particularly prepared, but above all we must count every euro that falls into our hands and do it in the best possible way, keeping an eye on a situation that may turn out to be very different. the way we would expect The pension increase this month could be fundamental.

Social Security makes it official

It is time to start seeing updates on the Social Security website, this organization that must be very aware of each type of data that arises from it. This is a detail that we really need to take into account and that we might not have taken into account until now.

We are facing the latter part of a November that is wreaking havoc on many homes. The long-awaited Black Friday is coming and also the days when we start to prepare the house for a few days of celebration which can become unavoidable.

We will wait for a series of actions which could become those which will mark a before and an after. Hand in hand with a few small gestures that will bring considerable joy to many people. Pensions will increase in the month in which the double salary is received.

Even if we associate it with Christmas, the double salary comes much earlier, so we must be ready to receive this money that corresponds to those who have earned it after years, decades of work. Today, many families depend on this additional income that Social Security is responsible for updating.

This is what the pension increase looks like this month

This month pensions will receive an increase in double salary, which is a necessity, in this right, to collect an amount of money that corresponds to those who gave everything to work. In a few days, this supplement will be invoiced which will have to be taken into account in the month of November, which will soon represent 13 of the 14 available to retirees.

As the Social Security website reports: The Social Security website reports that: “Pensions from one of the plans that make up the Social Security system are made up of the natural monthly payments due and are satisfied in 14 payments, one for each month of the year and two payments extraordinary payments that accumulate during the months of June and November. When they result from a work accident and an occupational disease, they are paid in 12 installments, since the extraordinary payments are prorated in the ordinary monthly payments.

Ordinary monthly payments are paid in full, including that corresponding to the month during which the right ends, with the exception of the initial pension which, if it is not constituted on the first day of the month, will be paid in proportion to the calendar days. during the month the pension takes effect.

Monthly payments or extraordinary payments, in the event of complete regularization periods, are paid for an amount, each of them, equal to the amount of the ordinary monthly payment corresponding to said months. One day of pension payment will be enough to calculate the sixth full of the corresponding extraordinary remuneration.

In the event of first recognition of the pension or resumption of the benefit of a pension which had been suspended, the extraordinary payments for the months of June and November will be paid respectively at the rate of one sixth for each of the months between:

  • The one where the first effects of recognition or resumption of pension benefit take place and the month of May both inclusive, if the effects are fixed between December 1 and May 31.
  • “That during which the first effects of recognition or resumption of pension benefit take place and the month of November, both inclusive, if the effects are fixed between June 1 and November 30.”

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