The increase in pensions will be about 8.5% in 2023 and the reserve fund is provided for the first time in 13 years

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The specific figure will not be known until inflation is known in November. The Spanish government will contribute to the reserve fund in the amount of 2,957 million.

Euskaraz irakurri: Pension igura % 8.5 ingurukoa izango da 2023an, eta erreserba-funtsa 13 urtean lehen aldiz hornituko dute

The Treasury Department calculates that next year’s pension increase will be about 8.5%, a figure that will manifest itself with November’s inflation, and its head, María Jesús Montero, has also announced that the reserve fund will be closed for the first time in 13 years. will be provided.

At the press conference after the council of ministers that approved the budget project for 2023, Montero emphasized that pensions will increase according to the CPI, as agreed in the Toledo Pact, increasing this budget item by 11.4%.

The specific increase will not be known until the inflation is known in November, but the Spanish government estimates that it will be around “8.5%”.

Similarly, Montero has put forward that the Spanish government will contribute “for the first time in 13 years” to the reserve fund in the amount of 2,957 million, from the intergenerational equality mechanism, which “gives great peace of mind to our elders”.

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Source: EITB

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