El Gobierno aprueba la revalorización de más de 12 millones de pensiones y prestaciones en 2025

The Council of Ministers approved on Monday a Royal Decree-Law that includes the revaluation of pensions in the Social Security system, State Passive Classes and other public benefits by 2025. The increase, effective since January 1, represents an increase of 2.8% in the pensions of the Social Security system and Passive Classes of the State.

In total, more than 12 million pensions are revalued and, consequently, pensioners will see their purchasing power preserved or increased. 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 “around 25% of the citizens of our country will benefit from these measures that guarantee the purchasing power of our pensioners. At the same time, special protection is given to the most vulnerable people, who receive minimum and non-contributory pensions.”

This increase is the result of the average consumer price index (CPI) between December 2023 and November 2024, according to the formula established in Law 20/2021, on the guarantee of 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 by law the purchasing power of pensioners based on the evolution of the CPI.

"With the previous PP Government Act, a pension of 1090 euros would only have grown 19 euros per month in 7 years, between 2018 and 2025.Thanks to the coalition government, which has guaranteed a revaluation according to the increase in prices by law, this same pension has increased 270 euros per month. 4,000 euros more a year," said Elma Saiz.

The revaluation will mean approximately 600 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 nearly 9.3 million people receiving 10.3 million contributory pensions, in addition to the 720,148 pensions corresponding to the State Passive Class System.

Thus, a pensioner who receives a pension of 1,441 euros per month (coinciding with the average retirement pension of 2024) will receive in 2025 a pension of 1,481.35 euros per month, which means an increase of 564.87 euros per year.

The supplement for the reduction of the gender gap is revalued by 8.1% over the amount recognized in 2024 and reaches the amount of 35.9 euros per month per child.

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 around 6% in 2025. However, this percentage is higher for pensions with dependent spouses and widows with family burdens that will increase by 9.1%. For its part, non-contributory pensions and the Minimum Vital Income will be revalued by 9%.

SOVI (Compulsory Old Age and Disability Insurance) pensions will also be revalued by 6% by 2025, which means reaching 560 euros per month in the case of non-concurrent pensions, and 543.60 euros per month for concurrent pensions.

The minimum retirement pension for single-person households is fixed at 12,241.6 euros per year (compared to 11,552.8 euros in 2024) and 15,786.4 euros in cases with a dependent spouse (in 2024 it was 14,466.2 euros).

The allowance for dependent children or minors with recognized disabilities of 65% or more is 5,805.6 euros per year in 2025, while the allowance for dependent children or minors with recognized disabilities of 75% or more is 8,707.2 euros per year, that is, a year-on-year increase of 2.8%.

Strengthening the Social Security System

With the aim of protecting future pensions and in search of a balance between the income and expenses of the Social Security system, the latest approved reforms have articulated measures such as the solidarity quota and the increase of the maximum contribution bases, which are also included in this text.

Thanks to the additional solidarity quota, the contribution is expected to take into account the total remuneration received. So that this solidarity quota is applied on the difference between the maximum contribution base established in the Law of General Budgets of the State for each year and the real income received from work.

The applicable contribution rate will be progressive depending on the three fixed yield tranches (0.92%, 1% or 1.17%) and will gradually increase from 2025 to the year 2045, where the final rate will be reached.

For its part, the contribution for the concept of the Intergenerational Equity Mechanism (MEI) is set at 0.8%, with a distribution of 0.67% by the entrepreneur and 0.13% by the worker.

In line with the sustainability of the pension system, the maximum contribution base increases in 2025 in line with the increase in inflation and an additional percentage. To ensure the contributory nature of the Social Security system, this increase will be accompanied by an increase in the maximum pension (3,267.60 euros per month).