Pensioners receive the extra pay for June of almost 1,200 euros

by time news

2023-06-27 09:36:45

The more than nine million pensioners have already received the extra pay for the month of June. Its amount this year has skyrocketed by 10% as a result of the historical revaluation that they have had this year in line with inflation and its amount has stood at an average of 1,167 euros, according to data published this Tuesday by the Ministry of Social Security .

In total, Social Security has paid the extra to more than ten million pensions, all with the exception of those derived from accidents at work and professional illness, which are in 12 payments, since the extras are prorated in the ordinary monthly payments. Only in the payment of the extra, 11,694.9 million euros have been allocated, 11% more than in 2022, which added to the payment of the ordinary payroll represents a disbursement of 23,692 million euros in one month, a record.

Thus, spending on contributory pensions has stood at 11.7% of the Gross Domestic Product (GDP) in the last 12 months, up to June.

Almost three quarters of the list of contributory pensions in June went to retirement pensions, specifically, 72.9%, that is, 8,740.3 million euros. 2,002.2 million euros have been allocated to widow’s pensions, while the payroll of benefits for permanent disability amounts to 1,059.8 million, that of orphans, 163.4 million euros and benefits in favor of relatives, to 31.6 million.

Almost 1,400 euros of retirement

Of the 10,040,732 contributory pensions paid, 6,357,104 are for retirement, 2,350,589 for widows, 946,559 for permanent disability, 341,443 for orphans and 45,037 for relatives. The number of pensions grows at an interannual rate of 1%.

The average pension of the system is already close to 1,200 euros. Specifically, it amounts to 1,194.9 euros per month, while the system’s average retirement pension is 1,374.9 euros. By schemes, the average retirement pension from the General Scheme is 1,532.7 euros per month, while the lowest is registered by the Self-Employed Scheme, at 915.6 euros per month. In Coal Mining, the average monthly retirement is 2,680.7 euros, and it is 1,523.9 euros in the Sea Regime. The average amount of new retirement registrations in the system rose in the month of May from 2023 (latest data) to 1,352.3 euros per month. The average widow’s pension, on the other hand, is 851.8 euros per month.

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