The Government estimates that pensions will be revalued next year between 3.5% and 4.5%

MADRID, 10 Oct.

The Government estimates that pensions will be revalued next year between 3.5% and 4.5%

MADRID, 10 Oct. (EUROPA PRESS) -

The acting Government estimates that the revaluation of pensions next year according to the evolution of the Consumer Price Index (CPI) will be in a range between 3.5% and 4.5%.

Once the inflation data for the first nine months of the year are known, the variations that may occur in these last months are not expected to be marked, so one can already guess the range in which the revaluation of pensions will move next year. exercise.

The fact of arriving at the beginning of the year without an updated General State Budget (PGE) due to the delay in the formation of the Government does not compromise the revaluation of pensions, according to the Ministry of Inclusion, Social Security and Migration.

It would be the third consecutive year in which contributory pensions will rise based on the formula contemplated in the pension reform and in which the CPI is taken into account to avoid losses of purchasing power.

To the revaluation of the set of pensions in accordance with the evolution of prices, the estimated 2% increase until 2027 would be added for non-contributory pensions and minimum pensions that are below the poverty line.

The objective is for the minimum contributory retirement pension with a dependent spouse to reach at least 16,500 euros per year in 2027 (1,178.5 euros per month for fourteen payments), 22% more than now.

Non-contributory pensions, for their part, will also grow above the average revaluation of pensions, until they converge in 2027 with 75% of the poverty threshold calculated for a single-person household.

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