2023-12-14 17:52:34
Good news for retirees, whose pensions will rise by 3.8% next year. The INE confirmed this Thursday the November CPI data that it had advanced at the end of last month, which was what was missing to know exactly how much pensions will be revalued in 2024, since they are now raised automatically with average inflation of the last twelve months, from December to November.
But how much does the pension increase mean? The average pension in Gipuzkoa will go from 1,441.91 euros to 1,496.7, which means 54.7 euros more per month and 765.8 more per year for the 14 payments. A greater increase than in the State as a whole, where in general, beneficiaries of a contributory benefit will receive 45.5 euros more per month, which implies that the pension will rise to 1,243 euros.
Compared to last year, the increase in pensions is more modest. But we must not forget that inflation tightened like never before in 2022 and this led to benefits being revalued by no more and no less than 8.5%. All in all, in two years pensioners will see their payments increase by 12.3%. And it must also be emphasized that this is the second highest growth in eleven years.
In the case of Gipuzkoa, one of the territories with the highest pensions, the retirement pension will comfortably exceed the barrier of 1,600 euros per month (1,680.49 euros), 61.5 more per month and 861 euros more per year. For their part, the Guipuzcoan widow’s pensions will see their monthly payroll increased by 38.22 euros, up to an average of 1,044.03 euros, which implies 535.08 euros more per year. Another relevant benefit, Permanent Disability, will reach 1,523.46 euros in the territory, incorporating a monthly increase of 55.77 euros, an increase of 780.78 euros per course in the 14 payments.
Other pensions such as those derived from Orphanhood and Favor of Relatives will reach an average of 581.15 euros and 896.57 euros respectively in Gipuzkoa. As for Orphans, the pension will increase by 21.27 euros per month (297.78 euros per year) and by 32.82 euros per month (459.48 euros per year) in the Family Favor pension.
As for the Basque Country as a whole, the average pension will go from 1,471.4 euros this year to 1,527.31 euros, which translates into an increase of 55.91 euros per month and 782.74 per year.
For its part, the CPI data confirmed this Thursday means that the price increase gives a small respite in November by rising 3.2%, three tenths below the October rate, according to INE data. Inflation returns to the downward path after four months of increases from the minimum it marked in June at 1.9%. The best news comes from the side of core inflation, which does not take into account energy or fresh food prices and is more difficult to moderate.
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