On February 3, 2026, the Council of Ministers approved a Royal Decree-Law that includes the revaluation of pensions and other benefits paid by the Social Security system. The text was ratified by the Congress of Deputies on February 26, 2026.
Pending approval of the General State Budget Law for 2026, the maximum limit established for the receipt of public pensions from the Social Security system and passive classes caused in 2026 will be 3.359,60 euros per month or 47.034,40 euros per year.
The Government estimates that the increase in pensions will favour the most vulnerable people and those receiving minimum and non-contributory pensions.
How much will pensions rise in 2026?
Social Security pensions, in their contributory form, and the ordinary and extraordinary pensions of the Special Regime of State Pensioners will be generally revalued by 2.7% for 2026, which is the average inflation between December 2024 and November 2025. This formula was established in Law 20/2021, which guarantees the purchasing power of pensions and was agreed with the social partners.
The minimum pension for those aged 65 years and over is set at 12,441.80 euros per year, and 17,592.40 per year for those with a dependent spouse. Those below this age will receive 11,590 euros and 17,592.40 euros if they have a dependent spouse.
Minimum pensions will go up by around 7% in 2026, non-contributory and the Minimum Basic Income will be revalued by 11,4%, as well as widows' and widowers' pensions with family responsibilities.
- The non-contributory pensions of the Social Security system for disability and retirement will have an annual amount of 8,803.20 euros.
- The non-contributory pensions of the extinct Compulsory Old Age and Disability Insurance (SOVI) will be revalued by 7,07% by 2026, which means reaching 599.60 euros per month in the case of those not concurrent with other public pensions and 582.10 euros per month for those concurrent.
- The non-contributory allowance per dependent child or child with a recognised disability equal to or greater than 65% reaches 5,962.80 euros per year in 2026. If the disability is equal to or greater than 75%, it is 8,942.40 euros.
- In 2026, orphan's benefits caused by violence against women will experience an increase equal to that approved for the minimum salary for that year.
The supplement to reduce the gender gap in contributory pensions is set for 2025 at 36.90 per month.
This is the fifth year that pensions have been revalued in accordance with the CPI: 2.7% in 2026, 2.8% in 2025, 3.8% in 2024, 8.5% in 2023 and 2.5% in 2022.
What is the income limit for the recognition of minimum pension amounts?
- Without a dependent spouse: 9,442 euros per year
- With a dependent spouse: 11,013 per year
When do pensions go up in 2026?
The revaluation will be applied to the monthly amount of the pension concerned on 31 December 2025.
The pension increase is effective from 1 January 2026.
When will I know what my raise is?
Every year, the Ministry of Inclusion, Social Security and Migration sends a letter to pensioners informing them of the revaluation of their pension and the exact amount they will receive.
How many people are benefiting from the increase?
Nearly 13 million pensioners and benefit recipients retain or increase their purchasing power: recipients of contributory and non-contributory pensions, those of the Pensioners' Pension Scheme, households receiving the Minimum Basic Income and recipients of benefits for dependent children with a disability of 65% or more.
Are pensions secure in the future?
The dignity of pensions is assured and pensioners have a stable legal framework, which guarantees their purchasing power and protects those who need it most. For both current and future recipients, it is the guarantee that the public system will respond to, protect and fulfil its commitments.
Furthermore, with the aim of protecting future pensions and seeking a balance between the income and expenditure of the Social Security system, measures such as the solidarity quota and the increase in the maximum contribution bases have been introduced.
The contribution rate applicable to the solidarity quota, which is paid by higher salaries from 2025, will be progressive and will gradually increase until 2045, when the final rate will be reached.
The contribution for the Intergenerational Equity Mechanism (MEI) is set at 0.9%, with a distribution of 0.75% payable by the employer and 0.15% by the employee.
Is the increase in pensions compatible with the functioning of the system?
The rise is compatible with a strengthening of the system's revenues, which are continuing to improve thanks to the labour reform and other measures that have enabled the creation of more and better jobs and the strengthening of economic, thereby providing the social security system with more resources.
Non official translation