23/12/2025

Social Security

The Government approves the revaluation of almost 13 million pensions and benefits in 2026

Topics:

  • Seguridad Social y Pensiones
  • The increase, which will be effective from January 1, entails an increase of 2.7% overall in the pensions of the Social Security and Passive Classes system of the State
  • Minimum pensions will increase by between 7% and 11.4% in 2026, while non-contributory pensions and Minimum Vital Income will increase by 11.4%
  • The Royal Decree-Law also includes other measures in the field of Social Security for specific groups, as well as the updating of various aspects in the field of contributions
  • Minister Elma Saiz has assured that “approving the revaluation is not only a guarantee of a strong Welfare State that protects the purchasing power of our pensioners, but of society as a whole”

The Council of Ministers approved on Tuesday a Royal Decree-Law that includes the revaluation of pensions in the Social Security system, State Passive Classes and other public benefits by 2026, as well as other relevant measures in the field of Social Security. The increase, effective since January 1, represents an increase of 2.7% in general of contributory pensions.

The text also provides for additional contributions for certain groups, such as the extension for the compatibility of retirement and work for health professionals, technical adjustments in terms of contributions and treasury, or the approval of the additional contribution that allows access to the application of reduction coefficients for early retirement for environmental agents and forest firefighters approved this year.

In total, around 13 million pensions are revalued and, consequently, pensioners will maintain or increase their purchasing power. These include recipients of contributory and non-contributory pensions, those of Passive Classes, households that reach the Minimum Vital Income and those who have recognized the allowance for dependent children with disabilities equal to or greater than 65%.  

The Minister of Inclusion, Social Security and Migration, Elma Saiz, has assured that “approving revaluation is not only a guarantee of a strong Welfare State that protects the purchasing power of our pensioners, but of society as a whole. Especially, of those who are in a situation of greater economic vulnerability: of the recipients of minimum and non-contributory pensions.”

The increase in contributory pensions is the result of the average consumer price index (CPI) between December 2024 and November 2025, according to the formula established in Law 20/2021, on guaranteeing the purchasing power of pensions, approved in 2021 and agreed with the social partners. In this way, it complies with recommendation 2 of the Toledo Pact, which guarantees the purchasing power of pensioners based on the evolution of the CPI.

The revaluation will mean approximately 570 euros additional per year for people with an average retirement pension, while the average pensions in the system will increase by around 500 euros per year. This increase will benefit the 9.4 million people who receive more than 10.4 million contributory pensions, in addition to the 734,900 pensions corresponding to the State Passive Class System.


Thus, a pensioner who receives a pension of 1,511.51 per month (coinciding with the average pension of 2025 in November) will receive a pension of 1,552.32 euros per month in 2026, which means an annual increase of 571.35 euros.

Also, the supplement for the reduction of the gender gap, for its part, is revalued by 2.7% over the amount recognized in 2025. It should be remembered that this supplement was revalued by 10% in the biennium 2024-2025.

Minimum and non-contributory pensions

The Government has also agreed today to increase minimum pensions, non-contributory pensions (PNC) and IMV in accordance with the provisions of Royal Decree-Law 2/2023 and pursuant to recommendation 15th of the Toledo Pact.

The minimum pensions will rise by more than 7% in 2026. However, this percentage is higher for pensions with dependent spouses and widows with family burdens that will increase by 11.4%. For its part, non-contributory pensions and the Minimum Vital Income will be revalued by 11.4%, in accordance with the provisions of Royal Decree-Law 2/2023 and pursuant to recommendation 15th of the Toledo Pact.

Minister Saiz stressed that the rise, which complies with Toledo’s recommendations, is also “further proof of this government’s commitment to stand side by side with the people who need it most.”

Old age and disability pensions (SOVI) will also be revalued by 7.07% by 2026, which means reaching 599.60 euros per month in the case of non-concurrent pensions, and 582.10 euros per month for concurrent pensions.

The minimum retirement pension for holders aged 65 and over in single-person households is fixed at €13,106.80 per year (compared to €12,241.6 in 2025) and €17,592.40 in cases with a dependent spouse (in 2025 it was €15,786.4).

The allowance per dependent child or minor with recognised disability of 65% or more reaches 5,962.80 euros per year in 2026, while the allowance per dependent child or minor with recognised disability of 75% or more is 8,942.40 euros per year, that is, a year-on-year increase of 2.7%.

“The government fulfills an unwavering commitment: to offer certainty to the more than 9.4 million pensioners in our country, that, if prices rise, their pensions also do so to meet their daily expenses,” said the minister.

Other Social Security Measures

The Royal Decree-Law also includes other relevant measures that affect specific groups and the management of the system. An additional contribution of 10.60% is regulated for firefighters and forestry and environmental agents, which allows to activate the reducing coefficients that make it possible to anticipate the retirement age of these groups, in recognition of the special hardship and dangerousness of their work.

Likewise, the possibility is extended until December 31, 2026 for Primary Care doctors, family doctors and pediatricians to be able to make the retirement pension compatible with the exercise of their professional activity. This measure is extended after the positive results obtained, since between 2023 and 2025 more than 1,200 health professionals have benefited from this modality, contributing to the strengthening of health care.

The approved text also includes different technical adjustments in the field of contributions. The minimum contribution base and contribution groups are updated in coherence with the increase in the Interprofessional Minimum Wage. The maximum contribution cap is set at 5,101.20 euros and the contribution of the Intergenerational Equity Mechanism (MEI) is set at 0.90%.

This mechanism is intended to nourish the Social Security Reserve Fund that will end 2025 above 14 billion euros, its highest level since December 2017.

Likewise, the additional solidarity contribution is updated and, in the case of self-employed workers, the net return tranches in force in 2025 are extended during 2026. In this regard, Minister Saiz has assured that the negotiation is still open to try to reach an agreement that allows to comply with what was agreed in the year 2022 to meet the objective of contributing for real income.

The premium rates for work accidents and occupational diseases are also updated, adapting them to the new CNAE codes.