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Spain Sets 2026 Pension Revaluation as Mexico Outlines Limited Path to Lift IMSS Pensions

Officials move to protect low‑income retirees' buying power heading into 2026.

Overview

  • Spain’s Council of Ministers approved a decree that applies tiered increases from January 2026: 2.7% for contributive and state civil service pensions, more than 7% for minimum pensions, and 11.4% for non‑contributive pensions, the Minimum Vital Income, and pensions with a dependent spouse or widowhood with family charges.
  • Social Security will mail annual letters detailing the new amounts to pensioners, with government estimates indicating nearly 13 million pensions will be revalued.
  • The ministry cites price protection and the broader “social shield” policy in extending the 11.4% uplift to the IMV and other vulnerable‑household benefits.
  • In Mexico, IMSS director Zoé Robledo clarified that the 2026 minimum wage increase does not automatically raise already granted pensions.
  • IMSS retirees under the 1973 law can seek Asignaciones Familiares that typically add up to about 15% to monthly payments, subject to documented family dependency and updated, partly digitalized application procedures at clinics or subdelegations.