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These pensioners will get 15% more up to the end of the year.

Many Spaniards are suffering from price inflation in 2022.

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These pensioners will get 15% more up to the end of the year.

Many Spaniards are suffering from price inflation in 2022. The Europeans' purchasing power is being affected by rising prices for gasoline, diesel and electricity. Pensioners are the most vulnerable sector, just as in previous crises. The Government has approved a temporary increase in non-contributory pensions by 15%, which will last until December 31st. According to data from Ministry of Labor, it would affect more 444,800 people.

This temporary increase would specifically affect non-contributory retirements. It would be between 63 to 94 euros more depending on what type of pensioner is receiving. Already, the 2022 Budgets approved a 3% increase for pensions and the Minimum Vital Income. We would need to increase the 15%.

The applicant must have been a resident of Spanish territory for at least 10 years starting from 16 years ago to be eligible for the pension. Include the last two years prior to applying for the pension. Your annual income cannot exceed 5,899.60 euro per year.

Their annual income cannot exceed 5,899.60 euro per annum. For families with more than two members, the limit increases to 10,029.32 euros, 14,159.04 euros, and 18,288.76 euro for four.

The Congress of Deputies approved a pension reform that will result in a 3% increase for 2022. This means that the non-contributory retirement benefits amount to 5,899.60 euro per year or 412.40 euros per monthly, when you have full pension.

You are entitled to a 25% retirement pension. The amount is lowered to 105.35 euro per month or 1,474.90 euros annually.

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