From 2024, retirees’ pensions will rise by around 300 euros

by time news

2023-10-26 14:00:53

Lately, they don’t stop appearingr news about the pensions and retirees and it is that the reform of the pension law is helping to bring about these much-needed changes for the people we need to care for the most, our pensioners and retirees.

One of the problems that Spain is facing is that its system is not sustainable enough, sincethe birth rate is very low and life expectancy is at very high levels, causing a mismatch in the population pyramid with what this entails.

More pensions and fewer active people working

According to the report of the OECD (Organization for Economic Cooperation and Development), which is made up of 34 countries most industrialized in the world, Spain still has a long way to go to reach what is expected: the sustainability of the pension system.

The Government has carried out a profound reform to try to solve this unsustainability, but, even so, it is still not enough

According to the OECD

News for 2024: pensions are going up

This week, the Government has confirmed the forecasts regarding the increase in pensions for the coming 2024. According to the estimate of sources linked to the Administration, the increase in pensions will be around 4% for next January, but until the end of the year it will not be possible to know with determination whether this percentage will be definitive: lis data from l’IPC they will give the answer

Politicians and retirements

It is estimated that non-contributory pensions will rise by an average of around 300 euros per year

Confirmation of pension increases by the Government

According to this week’s confirmation, it is estimated that the minimum retirement pension will be 14,453 euros per year: 926.2 euros more than last year, according to the calculations of ‘ElPeriódico de España’. Another 2% increase would be added to this increase in 2025.

Widowhood pensions

From 2024 it is expected that widowhood pensions suffer an increase of between 300 and 500 euros. Using this predicted 4%:

The ones they have family burdens would be around 942.13 euros People with over 65 years or disability equal to or greater than 65% they would charge 814.42 euros The people between 60 and 64 years old, they would be entitled to collect 761.90 euros

Those under 60 years of age617 euros

Widowhood pensions freepik

Besides, the people who are beneficiaries of this widowhood pensionthey can enjoy the complement of the gender gap sand have been affected by this condition. The CPI will also be updated by this add-on, so that, according to the estimate of ‘ElPeriódico de España’ there will be a 10% increase in 2024.

In short, if all these predictions are confirmed, widowhood pensions with the right to collect the gender gap supplement will go from 30 to 35 euros per month, with a total of 490 euros per year.

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