03/02/2026

Social Security

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

Topics:

  • Seguridad Social y Pensiones
  • The increase, which was already effective in January, entails an increase of 2.7% overall in the pensions of the Social Security and Passive Classes system of the State for the rest of the year
  • Minimum pensions increase by more than 7%, while non-contributory pensions and Minimum Vital Income increase by 11.4%
  • The Royal Decree-Law also includes other social security measures in the field of contributions
  • Minister Elma Saiz has stressed: “Approving the revaluation of pensions means guaranteeing the maintenance of the purchasing power of pensioners, a right guaranteed by law. It is a collective commitment of society, especially with those who have dedicated a whole life to work and in a very particular way with people in situations of greater economic vulnerability, beneficiaries of minimum and non-contributory pensions”

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, which was already effective in January, represents an increase of 2.7% overall in contributory pensions.

The text also includes changes in contributions, an extension of retirement and work compatibility for health professionals and technical adjustments, among other measures.

In total, around 13 million pensions and benefits are revalued and, as a result, pensioners 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, stresses that “approving the revaluation of pensions means guaranteeing the maintenance of the purchasing power of pensioners, a right guaranteed by law. It is a collective commitment of society, especially with those who have dedicated a whole life to work and in a very particular way with people in situations of greater economic vulnerability, beneficiaries 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 amounts to approximately 570 euros additional per year for people with an average retirement pension, while the average pensions in the system 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.

Also, the supplement for the reduction of the gender gap, for its part, is revalued by 2.7% over the amount recognized in 2025.

Minimum and non-contributory pensions

The Government has also agreed today to maintain the increase in 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, which was implemented on January 1.

The minimum pensions increase 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 the aforementioned Royal Decree-Law.

Old age and disability pensions (SOVI) have also been 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%.

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 is regulated for forest firefighters and forestry and environmental agents, which allows activating 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 various technical adjustments in the field of quotations. The minimum base of quotation and the groups of quotation are updated. The maximum contribution cap is set at 5,101.20 euros and updates the contribution of the Intergenerational Equity Mechanism, as well as the solidarity quota and, in the case of self-employed workers, the net return tranches in force in 2025 are extended during 2026.