Pensions could rise around 2.5% in 2026, according to the evolution of the CPI until September
Inflation puts in check the purchasing power of pensioners, with 2.7% more expensive prices
The time to know what the Exact revaluation of contributory pensions of Social Security in 2026 and, therefore, the amount of the general increase that will be applied, from next January 1, to 10.4 million pensions, that charge near 9.4 million people.
In 2026 the minimal pensions and non -contributory, but those percentages will be established by the government based on its own parameters, and The rise is usually superior to the general increase.
For the Social Security pensioners And the officials of the Passive classes, It all depends on Consumer Price Index (CPI) November, that the National Statistics Institute (INE) will publish that same month.
Specifically, the key date is the Friday, November 28, day when the INE plans to publicize the Advanced Dato of interannual inflation corresponding to the eleventh month of 2025.
This figure will provide the almost accurate percentage how much will pay in 2026, Although the data definitive will be confirmed on December 11, date on which the statistical office will corroborate the increase in the cost of the November purchase basket, which will allow to calculate with absolute precision the mean year -on -year inflation of the last 12 months (They are those used to reference the revaluation of pensions every January 1).
The climb depends on the CPI, according to Law 21/2021
The current contributory pension update system was established in the pension reform of 2021, through the Law 21/2021, of December 28.
Remember that the calculation system uses the Average annual CPI resulting between December of the previous year and November of the current.
As the government defends, with this method of updating pensions it is guaranteed that Retirees do not lose purchasing power.
The increase in pays will be around 2.5%
With the inflation data known to date, pensions could rise around 2.5%-2.6%according to the Evolution of consumer price index between December 2024 and September 2025, and taking into account the Inflation estimates For the next two months.
If this increase around 2.5%is confirmed, the rise would be lower than that experienced in 2025, When you pay them they have increased 2.8%.
These have been Increase in recent years:
– In 2024 The climb was 3.8% generally. Minimum and non -contributory pensions grew 6.9%.
– In 2023, The revaluation amounted to 8.5%, A whole historical record, For the unleashed inflationist spiral.
– In 2022, The Government applied an increase in 2.5% In contributory pensions.
Taking into account this evolution of the revaluation of contributory pensions since 2022, already lack of knowing the IPC annual average of the months of October and November 2025, Everything indicates that the rise in 2026 will be similar to that experienced in 2022. Far from 3% and light years of the historical 8.5% of 2023.
