Pensions will be reassessed next year, as planned. This Friday, the percentage increase was officially confirmed since Final CPI.
These benefits have been updated every year since the law came into force. … 21/2021 and they do it, as recommended by the Pact of Toledo, to guarantee purchasing power capacity retirees depending on the increase in prices.
To calculate pension increases, the average interannual change in CPI over the 12 months preceding December is taken into account. This means that to calculate how much pensions will increase in 2026 The annual average CPI between December 2024 and November 2025 is taken into account..
Pensions will increase by 2.7% in 2026
According to data published by the INE on December 12, pensions will be revalued by 2.7%. Concretely, the revaluation will represent approximately 572 additional euros compared to the average retirement pension. Concerning the average pensions of the system, the increase will be around 498 euros.
Social Security already reported at the end of November that the increase will benefit 9.4 million people next yearin addition to the 715,000 retirees corresponding to the State Passive Classes Scheme.
THE average system pension -which includes retirement, permanent disability, widowhood, orphanage and favors from relatives- was 1,316.7 euros in November 2025. With an increase of 2.7%, it would be 1,352.24 euros.
On the other hand, the average retirement pension In November, it amounted to 1,511.5 euros per month, which implies that retirees who receive it will start to receive it with the increase 1,552.31 euros per month. Likewise, the maximum pension with the 2.7% increase, plus the additional 0.115%, it will remain in 3,359.6 euros.
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Maximum pension: up to 3,359.6 euros per month
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Average system pension: up to 1,467.72 euros per month
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Average retirement pension: up to 1,552.31 euros per month
This increase is a little lighter than in previous years: pensions increased by 8.5% in 2023, by 3.8% in 2024 and by 2.8% in 2025.
Likewise, by 2026 the maximum contribution bases will also be reassessed to 60,000 euros per year.
Increase in minimum pensions
As for minimum pensions, non-contributory pensions and minimum vital income, these are also increased. THE retirement minimums increased by 6% in 2025, while contributory and minimum subsistence income increased by 9.1% at the start of the year.
In this case again There is no specific data, although the increase will be higher than that of contributory pensions. According to the Minister of Social Security, Elma Sáiz, “it would be reasonable for them to increase by 5% or more.”
Minimum retirement pensions for those over 65 with a dependent spouse will be increased, in addition to the CPI, by the percentage necessary to reduce the 50% gap that exists with the poverty threshold calculated for two adults, as indicated by the BBVA Pension Institute. As for minimum widowhood pensions, they will be increased to be gradually equalized with retirement pensions. Finally, retirement pensions, disability pensions and IMV will also increase to converge in 2027 with 75% of the poverty line.
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