Are you collecting unemployment benefits or receiving some form of unemployment benefit? This will increase the amount of these benefits
The General Budgets for 2023 include important changes for pensioners, the unemployed and benefit recipients. In these new accounts, the government has included an 8.5% increase in pensions and an 11.4% increase in social security expenditure. This larger investment means that the amounts of unemployment, subsidies and some aid will increase, which you can consult through this SEPE simulator.
The Public Employment Service (SEPE) sets the amounts of each of the benefits and subsidies based on the Multiple Effects Public Income Indicator (IPREM), which will increase from January next year. In 2022, the monthly value is EUR 579.02 per month and EUR 6,948.24 per year. People who receive unemployment or benefits do not receive exactly this amount, but a smaller or larger percentage of this total.
Due to this revaluation, the IPREM rises by 3.2% and the fixed amount remains at 600 euros per month and 7,200 euros per year. This is therefore the amount you will receive if you are entitled to the following unemployment benefits and subsidies.
Unemployment is a contributory benefit that, in addition to continuing income after losing your job, allows you to continue contributing to Social Security to access a retirement pension in the future. It is an essential requirement to have been employed for at least one year, so from this year also domestic workers.
Its amount is not fixed as it depends on the social security contribution bases for professional contingencies during the last 180 days of contributions. Although the SEPE sets a minimum and maximum amount:
– 2022. If you have no children, you may not charge less than EUR 540.41 and more than EUR 1,182.16. If you have a child, you cannot receive less than EUR 722.80 and more than EUR 1,351.04, while with 2 or more children you can collect a maximum of EUR 1,519.92.
– 2023. If you have no children, you may not charge less than 560 euros and more than 1,225 euros. If you have a child, you cannot receive less than EUR 749 and more than EUR 1,400, while with 2 or more children you can collect a maximum of EUR 1,575.
While you must have paid contributions for at least 365 days to access unemployment, there is unemployment benefit for those who have worked less than a year. To access this ‘mini-unemployment’ you must have at least 3 months of Social Security contributions if you have family responsibilities and 6 months if you don’t. You must also meet the requirement that you do not exceed the income threshold corresponding to 75% of the minimum interprofessional wage.
As for the duration, it depends on the time stated and whether you have any family responsibilities. Although the amount is adjusted to 80% of the Multiple Effect Indicator of Government Income (IPREM):
– 2022: 463.21 euros per month
– 2023: 480 euros per month
You will receive this subsidy if you are unemployed and are 52 years or older. Your monthly income of any kind may not exceed 75% of the minimum interprofessional salary, excluding the proportionate share of two extraordinary benefits. Unlike the rest of the SEPE unemployment benefits, which are non-contributory benefits, with this subsidy for people over 52 they continue to contribute to Social Security as its duration can be extended until you reach the minimum age required to access retirement.
The monthly amount of unemployment benefit is equal to 80% of the Public Multiple Effect Income Indicator (IPREM).
– 2022: 463.21 euros per month
– 2023: 480 euros per month
If you have ended your unemployment, you can take advantage of special unemployment benefits for those who have family responsibilities, whether a spouse, natural or adopted child under age 26 or with a disability, or minor foster children. It is also required that the family unit does not have a monthly income that exceeds 75% of the Minimum Interprofessional Salary (SMI). In this case, you do not contribute to Social Security during the time you receive the subsidy.
The duration of this support depends on your age and the amount you receive per month corresponds to 80% of the IPREM. This is what you will earn from next year:
– 2022: 463.21 euros per month
– 2023: 480 euros per month
Another option for the unemployed who can no longer receive the associated premium benefit is a subsidy for the over-45s if you have no family costs. In addition to being unemployed, you may not receive income of any kind that exceeds 75% of the minimum interprofessional salary, with the exception of the proportionate share of two extraordinary payments.
You can count on this subsidy for 6 months and with the following amount:
– 2022: 463.21 euros per month
– 2023: 480 euros per month
To be a beneficiary, you must meet a series of requirements and be in one of the following extraordinary situations:
– Have exhausted one of the unemployment benefits since July 5, 2018 and those who exhausted it between March 1, 2018 and July 4, 2018.
– Long-term unemployed (registered as a jobseeker for at least 360 days in the immediately preceding 18 months) who have exhausted the WW, PREPARA or RAI and were registered as a jobseeker on 1 May 2018.
The extraordinary unemployment benefit can last only 80 days, although the amount also corresponds to 80% of the IPREM. And so it remains for 2023:
– 2022: 463.21 euros per month
– 2023: 480 euros per month
If you are still unemployed and cannot continue to receive unemployment benefits or unemployment benefits, you can apply for an active income contribution (RAI). Although to access the assistance you must not be older than 65, the age required to receive an old age pension. Another requirement is that the beneficiaries must not exceed an income of more than 75% of the SMI.
You are entitled to RAI for 11 non-renewable months and receive the following monthly amount:
– 2022: 463.21 euros per month
– 2023: 480 euros per month
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
