The Pension Increase in 2020 is approved by RDL 1/2020 of 14 January. It includes, among others, the revaluation of pensions and public benefits of the Social Security system. Effective 1 January 2020. This RDL establishes a revaluation of the pensions and other benefits paid by the Social Security system, in its contributory and non-contributory modalities, as well as of State passive classes, of 0.9%.
In addition, the RDL provides a guarantee that the purchasing power of pensions will be maintained in the event that inflation in 2020 exceeds the 0.9% increase.
Thus, the amount of the maximum limit for receiving public pensions is set at: 2,683.34€/month or 37,566.76€/year.
The experts of our Labour Consulting Department summarize the different cases and amounts of the pensions.
Pension increase in 2020
Table of minimum amounts for contributory pensions 2020
Type of pension | With dependent partner
€/year |
Without partner: single economic unit
€/year |
With non-dependent partner
€/year |
Retirement | |||
Headline with sixty-five years. | 11.807,60 | 9.569,00 | 9.081,80 |
Headline under sixty-five years old. | 11.069,80 | 8.953,00 | 8.461,60 |
Holder with sixty-five years of age from great disability. | 17.711,40 | 14.354,20 | 13.623,40 |
Permanent Disability | |||
Great disability | 17.711,40 | 14.354,20 | 13.623,40 |
Absolute. | 11.807,60 | 9.569,00 | 9.081,80 |
Total: Holder with sixty-five years | 11.807,60 | 9.569,00 | 9.081,80 |
Total: Holder between the ages of sixty and sixty-four. | 11.069,80 | 8.953,00 | 8.461,60 |
Total: Derived from common disease under 60 years of age. | 7.054,60 | 7.054,60 | 6.993,00 |
Partial of the working accident regime: | |||
Holder with sixty-five years. | 11.807,60 | 9.569,00 | 9.081,80 |
Widowhood | |||
Head of household. | 11.069,80 | ||
Holder with sixty-five years of age or with a degree of disability equal to or greater than 65 percent. | 9.569,00 | ||
Headline between the ages of sixty and sixty-four. | 8.953,00 | ||
Headline under sixty. | 7.249,20 |
Type of pension |
€/year |
|||
Orphanage | ||||
By beneficiary | 2.924,60 | |||
By beneficiary under 18 years of age with a disability equal to or greater than 65% | 5.754,00 | |||
In the case of absolute orphans, the minimum will be increased by 7,183.40€/year, distributed among the beneficiaries where appropriate. | ||||
Orphan’s benefit | ||||
One beneficiary | 8.820,00 | |||
|
||||
In favour of relatives | ||||
By beneficiary. | 2.924,60 | |||
If there is no widower or orphaned pensioner: | ||||
A single beneficiary aged sixty-five. | 7.067,20 | |||
A single beneficiary under the age of 65 | 6.661,20 | |||
Several beneficiaries: The minimum allocated to each of them will be increased by the amount resulting from apportioning 4,324.60 euros per year among the number of beneficiaries.. |
Income limit for the recognition of economic complements by minimums:
- Without a dependent partner: 7,638.00 euros/year.
- With dependent partner: 8,909.00 euros/year.
Minimum amounts for pensions of Passive Classes for the year 2020
Type of pension | With dependent partner
€/year |
Without partner: single economic unit
€/year |
With non-dependent partner
€/year |
Retirement or pension | 11.807,60 | 9.569,00 | 9.081,80 |
Widow’s pension. | 9.569,00 | ||
Family pension other than widow’s/widower’s pension, where N is the number of beneficiaries of the pension(s)*. | 9.328,20 / N |
* In the event that there are several beneficiaries, the amount of the individual pension will be the result of dividing this amount by the number of beneficiaries. The minimum per beneficiary is guaranteed at 208.90 euros/month or 411.00 euros/month if the beneficiary is an orphan under 18 years of age and has a disability equal to or greater than 65%.
Income limit for the recognition of economic complements for minimums:
- In 2019: 7,638.00 €/year.
Other pensions and public benefits by 2020
- Maximum limit for receiving a public pension: 2,683.34 euros/month or 37,566.76 euros/year.
- Pensions from the extinct Obligatory Old Age and Disability Insurance (SOVI):
- Non-concurrent SOVI pensions: 6,127.80/year.
- And Pensions from the SOVI concurrent with widowhood pensions from any of the regimes of the Social Security system or with any of these pensions and, furthermore, with any other public widowhood pension: 5,947.20 euros/year.
- Social Security pensions in their non-contributory modality: 5,538.40 euros/year.
- Supplementary pension for housing rental: 525 euros per year.
Public Benefits
-
Social Security family benefits:
- Financial allowance for a child or dependent minor without disability: 341
- In addition, economic allowance for child or dependent minor with a degree of disability equal to or greater than 33%: 1,000.00 ? per year.
- Economic allowance for dependent child over 18 years of age with disability
- With a degree of disability equal to or greater than 65%: 4,747.20 euros/year.
- With a degree of disability equal to or greater than 75% and requiring the assistance of another person to carry out the essential acts of life: 7,120.80 euros/year.
- Benefit for the birth or adoption of a child, in cases of large families, single-parent families and mothers with disabilities established in Article 357 and whose amount is included in Article 358 of the revised text of the General Law on Social Security (LGSS): 1,000.00
- Income limit for recognition of Social Security family benefits for a dependent child or minor
- Amount referred to in the first paragraph of Article 352.1.c of the consolidated text of the LGSS. Children or dependent minor without disability: 12,424.00
- Amount referred to in the second paragraph of Article 352.1.c of the recast text of the LGSS. Large family: 18,699.00 euros/year, increasing by 3,029.00 euros for each dependent child as of the fourth, this included.
-
Economic subsidies from the rewritten text of the General Law on the Rights of Persons with Disabilities and their Social Inclusion, approved by RDL 1/2013, of 29 November:
- Minimum income guarantee allowance: EUR 149.86/month.
- In addition, the allowance for third party assistance: 58.45 euros/month.
- And the mobility allowance and compensation for transport costs: 68.10 euros/month.
- Also, Welfare Pensions under Law 45/1960, of 21 July and RDL 2620/1981, of 24 July: 149.86 ? per month.
- Amount of the economic benefit established by Law 3/2005, of 18 March: 7,507.83
- Finally, the amount of social aid recognised for those affected by HIV under Royal Decree 9/1993 of 28 May: 639.33 euros per month.
Arrabe Integra
Labour Consulting