How much is the minimum pension?

Article by: Daniel Alonso Segundo | Last update: April 10, 2022
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This week the Council of Ministers will approve the increase in pensions for 2022, which in some cases will mean a revaluation of 3%. This Tuesday there will be a new rise in the minimum pension in Spain, which will reach 720 euros per month, standing 83 euros above what has been established until now.

How much will the payment be in 2022?

The 2.5% increase for contributory pensions in 2022 will place the minimum retirement at 10,103.8 euros per year, 721.7 euros per month in 14 payments; while the maximum will be 39,468.6 euros per year, 2,819.1 euros per month.

How much is the minimum pension for 2022?

The minimum retirement pension for a 65-year-old person without a spouse will be 721 euros per month in 2022 (10,103 per year)

What is the minimum pension in 2021?

In the case of the retirement pension, it will be 12,467 euros (for a pensioner with a dependent spouse). Divided into 14 payments, it means receiving 890.5 euros, 40 euros more than the 850.99 euros of 2021. The minimum pension for pensioners without a dependent spouse will be 10,103 euros per year (721 euros per month).

When is the payment for January 2022 charged?

The exact date varies depending on the bank where each pensioner has the payments domiciled, but in most cases it will be received during the second half of January and will most likely coincide with the payment of the first pension of 2022, which the Security Social will take place on the 25th.

32 related questions found

When is the pension payment collected?

As confirmed by the Ministry of Inclusion, Social Security and Migration, the payment of Social Security pensions and what is known as ‘paguilla’ will begin to be made from this Tuesday, January 25, the day on which it is approved the royal decree.

What day do they pay the January payment?

This payment is known as the ‘paguilla’ and will normally be made in each entity in mid-January, although in certain cases it coincides with the payment of the pension. Ibercaja, for example, pays it on January 17.

What is the minimum retirement pension with 15 years of contributions?

With 15 years of contributions, which is the minimum required to access the retirement pension, 50% is applied to the regulatory base. That is, an amount equal to half of the regulatory base is obtained.

What pension do I have left with 15 years of contributions?

If you have only contributed 15 years of your working life, the financial benefit you will receive as a pension will be 50% of the regulatory base.

How many years do you have to contribute to collect 100 per 100?

If you are wondering how much I must contribute to receive 100% of the pension, the minimum number of years according to the sections are: from 2013 to 2019, 35 years and 6 months of contributions are necessary. In the following three, (from 2020 to 2022), 36 years. From 2023 to 2026, 36 years and 6 months and from 2027, 37 years.

What happens if you don’t contribute for the last 15 years?

Otherwise, that is, if they do not have 15 years of contributions, they may be entitled to a non-contributory pension whose amount in 2022 is 414.86 euros.

How much will I earn with 18 years listed?

For example, in a case of retirement with 18 years of contributions, in 2022 that person would be entitled to 57.56% of their total pension. Or if your situation is that of “I have contributed for 26 years”, 77.20%.

When is the January payment charged at La Caixa?

Caixabank. Payment will be on January 24. Cajamar.

How much of the salary is charged in January?

How much is charged in the ‘January paguilla’

The average pension charged in Spain, taking into account all the public benefits paid by the Administration, is 1,040 euros per month. The representation with this example corresponds to an income of ‘January paguilla’ of 233 euros.

What day is the payment collected at La Caixa?

Caixabank, Santander and Bankinter normally deposit the money for this benefit on approximately the 23rd of each month.

Which pensioners do not receive the January payment?

People who have retired or who have begun to receive a pension throughout 2021 do not receive the ‘paguilla’, since it is a compensatory payment of the annual increase applied for that year to adjust it to the final average inflation, explained to in the Ministry of Social Security.

Who does not receive the payment of pensions?

But there is an exception, and that is that this ‘paguilla’ will not apply to those who receive the maximum pension, since an essential requirement is established to be eligible to receive it: that their pension be lower than if the reduction coefficients had been applied. effective as of January 1, 2022.

How to claim the January payment?

To do this, you must access the Social Security Electronic Office, go to the ‘Suggestions and Complaints’ section and identify yourself, either with the electronic certificate, cl@ve or with a username and password.

How much is charged for 20 years quoted?

In order to know how much is received if a total amount of 20 years of contributions is obtained, the pensioner will receive 62.6% of the regulatory base.

What pension will I have left with 20 years of contributions?

Those who have only contributed 15 years will receive 50% of the regulatory base as a pension. If we have contributed for only 20 years: we will receive 62.6% of the regulatory base.

How many years of contribution do you get per child?

In total, for each child, 270 days (9 months) can be added to the contribution, although in no case may it exceed 5 years, regardless of the number of children. And the computable period may not be greater than that of the interruption of the listing.

How much is lost for each year not quoted?

If you are a few months away from reaching 36 years of contributions, you will be penalized with 0.19% of your regulatory base for each month that you are missing.

What last years count towards retirement?

⌚ 3 min read | In order to obtain the regulatory base of the pension, and thus calculate how much you will receive when you retire, the last 24 years you have worked will be taken into account if you retire in 2021.

What happens if one stops trading?

In general, the main consequence is that it will not be possible to access public, retirement, disability or unemployment benefits, among others.

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