Minimum and non-contributory pensions will increase up to four times more than retirement pensions

The increase in these two types of benefits is a self-imposed rule by the coalition government, arising from its own pension reform, in which it has demanded these increases year after year to reach the levels it considers adequate. Specifically, the minimums include accessories of the State to reach a viable threshold even if its beneficiaries do not meet the legal retirement conditions. And the non-contributory, of a social nature, correspond to people who isn’t it a pension would correspond. In both cases, it is a more discretionary decision than that of the generalized revaluation, determined by the evolution of the CPI.

So much so that the boss of Social Security and spokesperson took advantage of her presence at the press conference after the Council of Ministers to make the PP ugly its position of “bad payer”. Saïz clings to the increase in pensions to recriminate the people who are tempted to vote against this decree when it reaches Congress, in a text which, as can be expected, will include all kinds of measures on the most diverse subjects. For Saiz, these will be “excuses” for not approving the “an important social shield”. Barely 24 hours after the President of the Government, Pedro Sánchez, announced his appointment, Saiz’s figure, linked to pension benefits and other aid such as minimum income, will be a weekly reference for the almost ten million retirees in Spain.

The increase in benefits announced yesterday represents a injection of public money that the State will have to assume beyond social contributions, which still do not cover all contributory pension expenses. THE minimum retirement pension For citizens aged 65 or over living in an individual household, it is set at 13,106 euros per year, or more than 936 euros per monthor around 62 euros more on each of the 14 payments that retirees receive. For their part, that of those who have a dependent spouse amounts to 1,296 euros compared to the 1,127 euros they received until now, or around 169 euros more per month. On the other hand, non-contributory contributions, which have a social character, will increase up to 11.4%, from around 564 to 628 euros per montharound 64 euros more for each payment.

With all these measures in place – the already announced revaluation of pensions and the increase in minimum and social benefits – the State will be forced to pay an additional 12.610 million euros for the payment of benefits throughout the year 2026. This amount represents practically the same amount that the organization devotes each month to the payment of the pension payroll, which already exceeds 13.000 million euros, according to calculations by the Institute of the Valencian Institute of Economic Research (IVIE).

Pending income

To cover this commitment – Social Security takes four euros out of ten from the general state budget – the system will increase the worker contributions with payroll -the Intergenerational Equity Mechanism will increase by another 0.9% from January 1st-, even if, for the moment, the social security contributions for self-employed people They remain intact in 2026.

This is the decision taken yesterday by the Council of Ministers to freeze the contributions paid by more than three million self-employed workers, after a week of conflict with the sector due to the intention to increase taxes. One week before the end of the year, Social Security has still not given any information on how social contributions will be prepared from January 1st. To date, “there are still no contacts” with the independents, according to the president of the ATA, Lorenzo Amor. From now on, the intention of the ministry led by Elma Saiz is to continue negotiations with the group to reach an agreement throughout the year, sources in this department point out.