Expenditure on Pensions Rises by 6.2% in August, to a Record 13.621 Million Euros

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In August, Social Security paid a total of 13,620 million euros in pensions, 6.2% more than last month, exceeding 10 million benefits for nearly 9.4 million people, as reported by the Ministry of Inclusion, Social Security and Migration. Three quarters of the payroll, as is usual, corresponded to retirement pensions , with 73% of the total, about 10 million euros , 6.1% more than in the same month last year. On the other hand, widow's pensions w…

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The average pension in the system was Euro1,312.9 per month, an increase of 4.5 per cent over the same month of the previous year.

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In August, €13.620.8 million was allocated to the payment of contributory pensions, the highest figure recorded to date. This amount represents an increase of 6.2% over the same month of 2024, according to data published on Tuesday by the Ministry of Inclusion, Social Security and Migration.

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In August Social Security paid a total of 10,374,297 pensions to about 9.4 million people, with a payroll of 13,620.9 million, 6.2% more a year ago. The average retirement pension is 1,507.5 euros a month, 4.5% higher than a year ago and the retirement pension is 4.4%. Read

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In this month of August, Social Security allocated the record figure of 13,620.8 million euros to the payment of the regular monthly payroll of contributory pensions, 6.2 per cent more than in the same month of 2024, as reported on Tuesday by the Ministry of Inclusion, Social Security and Migration. The August payroll incorporates the revaluation of pensions approved for this year, of 2.8 per cent overall, and of between 6 and 9 per cent for min…