Pensions could rise 2.5%, according to the CPI until September
Record debt of Social Security: the ‘hole’ grows up to 126,178 million in June
In the former eight months of 2025, The Social Security System has collected 117,248 million euros for quotes, which represents an improvement of the income of 6.8% more in relation to the same period of 2024. In cash and sound money, social contributions exceed 7,507 million euros to those obtained a year earlier.
Among these income, those corresponding to Intergenerational Equity Mechanism (MEI), In force since January 1, 2023, they registered until August a year -on -year increase of 32.5%, up to 3,237 million of euros, which are direct to swell the Social Security Reserve Fund, known as the Hucha of pensions.
As details the Ministry of Inclusion, Social Security and Migrations, The increase in contribution income has been driven by the Evolution of employed contributions, who experienced an interannual increase of 6.8%, until reaching 110,685 million of euros, while unemployed fees totaled 6,562 million euros (this represents an interannual increase of 6.9%).
Surplus until August, but 2025 will close with deficit
The evolution of collection and social security expenses until August translates into a 6,059 million surplus (more than double than in the same period of 2024), equivalent to 0.4% of GDPas a result of Income for 159,169 million (9.3% more), compared to 153,110 million expenses (6.4% more).
However, the calculations of the own Government foresee that the system of pensions will close 2025 with a 0.4% deficit of approximately GDP.
The detail of social security accounts also shows that Transfers received by Social Security They amounted to 40,011 million euros in the first eight months of the year, with an year -on -year increase of 16.2%.
The most significant departure corresponds to Transfers received from the State and autonomous organisms, which They increased 18.1%, to 36,583 million, due, above all, to the perception of funds to guarantee compliance with the First recommendation of the Toledo Pact, related to the separation of social security financing sources (4,854 million euros more).
116,759 million for contributory pensions
On the side of the bills, Economic benefits to families and institutions reached 144,379 million (6.7 % more than in the same period of 2024), being the greater game, for an amount of 132,050 million, the corresponding to pensions and contributory benefits, with an increase of 6.3% compared to the same period of the previous year.
More specifically, the contributory pension spending (Permanent disability, retirement, widowhood, orphanhood, in favor of relatives and the complement for the reduction of the gender gap) increased 5.7% to the 116,759 million of euros, due to the increase in the number of pensioners (+1.6%), to the elevation of the average pension (+4.5%), and the general revaluation of 2.8%of contributory pensions for this year.
Almost 13% more temporary disability spending
For its side, the Temporary disability subsidies expense (IT) increased by 12.7% In the first eight months of the year, until 11,742 million of euros.
In turn, to the departure of the non -contributory pensions, Including complements by minimums of contributory pensions, they were allocated 12,329 million (11.1% more than in the same previous period), due to the 9% revaluation applied this year to the non -contributory level.
Of this figure, 7,905 million (10.6% more) were used in non -contributory pensions and complements by minimum, and 4,424 million (12.1%) more for subsidies and other benefits, of which 4,154 million euros correspond to the minimum vital income and family benefits, 13.2% more compared to the previous year.
