Every year, the amount of contributions to pensions increases, such as the CPI. Government estimates already include a 4% increase in your spending calculations for next year. This results in an increase of between 400 and 500 euros for the retirement pension. But they are not the only ones that will change upwards throughout 2024.
Disability and disability pensions They will also be increased next year, like other contributory pensions. The percentage will be 4% if the predictions of the report “Projections of public spending on pensions in Spain,” published by the Ministry of Inclusion, Social Security, and Migration, are fulfilled.
The revaluation of disability pensions will be higher if the Consumer Price Index (CPI) in November exceeds that level. And the thing is, the contribution pensions are revalued according to this data, whereas other studies like Funcas put it at 4.4%.
How much will the pension for severe disabilities increase?
Social Security distinguishes between permanent and total disability and also establishes different degrees or modalities within a permanent disability. The great deficiency refers to a permanent disability where, as a result of anatomical or functional losses, the help of another person is required for basic daily activities.
the minimum pension In these cases, it grows between 624 euros per year for those who have a spouse but are not dependent on them, and between 811 euros for those who are. In this way, the pension has a great deficiency It will rise in 2024 to a range between 16,234 euros and 21,101 euros at least.
How much will the pension increase for total and total disability?
absolute permanent disability This completely disqualifies a person from practicing any profession, while the general prevents them from practicing their usual profession but not other jobs.
Social Security has different pensions for both cases. These benefits also vary depending on the age at which they are received and the reason.
increasing the minimum disability pension for 2024; it covers between 320 and 541 euros, depending on the case. As usual, those who charge the benefit for 65 years old or older will receive a greater revaluation.
How much will the partial disability pension increase?
Finally, there is also a pension for permanent partial disability in the work accident regime. This occurs when there is a decrease of less than 33% in the worker’s performance.
Codependent wife, The pension will increase by 541.07 euros per year. While those without a spouse will see the annual amount increase by 438.54,
What happens to the disability pension when you retire?
One of the Features of disability pensions is reaching the legal age of RETIREMENT It became a retirement pension. This applies to both total pensions, absolute permanent disability, and great deficiency.
The reason is that you can only collect a pension under the same regime as Social Security. In this sense, there is a special retirement pension at the age of 65 as a result of severe disability. In this case, depending on whether you have a dependent spouse or not, the amounts will increase between 624.60 and 811.61 euros.
