MADRID, 30 Oct. (EUROPA PRESS) -

The Council of Ministers approved this Monday, at the proposal of the Ministry of Inclusion, Social Security and Migration, the granting of a loan from the State to the General Treasury of Social Security for an amount of 10,003.8 million euros, to meet to the extraordinary payments of pensioners.

The loan, which was recorded in the third additional provision of the General State Budget Law for 2023, will not accrue interest, as reported by the Department headed, in office, by José Luis Escrivá.

The Ministry recalls that Social Security pays the ordinary pension payroll and the extraordinary payment in the months of June and November, with a cost of more than 22,000 million euros.

"As in recent years, the granting of the loan made today ensures the timely payment of pensions and allows Social Security to plan sufficiently in advance the provision of the necessary resources to face these extraordinary disbursements," the Ministry stressed in a statement.