2023-11-19 11:41:40
The retirement pension it is very important for the elderly, since for many this is the only way to be able to pay all their expenses. However, some have problems, since the amount of Social Security does not reach them. Therefore, from 2024 will enter into force on new pension system, so the amounts will increase in the vast majority of cases. It will be a progressive rise which will reach its maximum in 2027.
Minimum and maximum pension in 2023
In 2023, the minimum contributory pension is in the 783,10 euros, for which it is necessary to have contributed an amount of at least 15 years. It begins to add to this amount according to variables such as dependent relatives or the presence of some incapacity. On the other hand, the maximum pension reaches up to 3.000 euros monthly, and it is necessary to have contributed for a minimum of 36 years and 6 months of work.
Revaluation of pensions in 2024
The revaluation of pensions will begin this 2024 until it reaches its maximum point in 2027, at which time it will reach 75% of the poverty threshold calculated for a single-person household. Thus, retirees will have a greater benefit and more peace of mind in their lives. In addition, there is a supplement for the reduction of the gender gap which will be applied in some pensions and which will increase the reference CPI by an additional 10%.
Progressive increase in pensions until 2027
The gap between the reference amount of the contributory retirement pension and the poverty threshold will be calculated according to the following data:
From 1 January 2024: the amount of the pension will increase by the percentage necessary to reduce the gap by 20% From 1 January 2025: the amount of the pension will reduce the gap by a 30% From 1 January 2026: The amount of the pension will reduce the gap by 50% From 1 January 2027: The amount will reduce the gap by 75%
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According to data published by the Social Security itself, this increase in pensions will cause the minimum retirement amount to go from 13,500 euros per year, as it is now, to 16,500 euros per year in 2027.
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