Particle.news
Download on the App Store
6 ARTICLES
·
1h ago

Spain’s Pension Bill Sets September Record at €13.64 Billion, Up 6.1% Year on Year

The increase reflects this year’s pension revaluation—2.8% generally, 6–9% for minimum benefits.

Image
Una pareja de jubilados, en el banco de un parque.
Image

Overview

  • Retirement pensions accounted for roughly three quarters of the outlay, totaling €9,969 million, about 6% more than a year earlier.
  • Widowhood benefits reached about €2,197 million, permanent disability €1,256.5 million, orphanhood €178.6 million, and family benefits €36.5 million.
  • Permanent disability was the fastest-growing category, rising 10.3% year on year compared with slower gains in other benefits.
  • Social Security paid 10,379,303 pensions to more than 9.38 million people, increases of 1.6% and 1.5% respectively from September 2024.
  • The average monthly pension across the system stood at €1,313.97, with the average retirement pension at €1,508.7 after year-on-year increases of 4.4% and 4.3%.