The 2.8% increase in pensions in January will take place, but they will be reduced in February, sources from the Ministry of Social Security have confirmed. Likewise, the SMI returns to the 2023 figure, which was 1,080 euros per month.
The 2.8% increase in the pension amount in January will nevertheless take place PP, Vox and Junts added their votes this Wednesday in the plenary session of Congress to overturn the omnibus bill This also included the revaluation of pensions, but these will be reduced in February.
This has been confirmed by sources from the Ministry of Inclusion, Social Security and Migration, who have indicated that this revaluation will take place in the first month of the year because the legal decree that regulated this “remains in force to this day”.
However, they have recognized that the ‘no’ of the Spanish right and far right, added to that of the Catalan right, will mean that pensioners will receive a lower pension in February, after seeing how this benefit was revalued in the first month. of the year.
Last December, the Spanish government approved a general increase in pensions of 2.8% for 2025, in line with the CPI, and the lowest would rise between 6% and 9%, above the price increase.
SMI
Likewise, with the fall of the Omnibus Decree, the interprofessional minimum wage (SMI) will return to the 2023 figure, namely 1,080 euros per month in 14 payments, because the Royal Decree also included the extension of the 2024 increase in the SMI. .
This situation is likely to continue until an agreement is reached on a new minimum wage increase in 2025, something that social agents and the Ministry of Labor are currently negotiating.
“Ensuring decent pensions is not just an economic, political or partisan issue, but a commitment to equality and the well-being of all society,” these social security sources have emphasized.
They also recalled that the Spanish government has revalued pensions by 26.6% in six years, despite the “irresponsibility” from a number of political groups and have emphasized that the revaluation of pensions has reduced the poverty rate in the Spanish state by 16.4% and prevented almost 8 million people from falling into extreme poverty.
From social security, they have emphasized that the executive’s commitment to pensioners is “unbreakable” and have asked the political parties that voted against the decree “to explain why they reduced pensions in 2025.”
Source: EITB
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
