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How Much Pensions Will Rise in 2027: the Provisional September CPI Points to a Revaluation Above 3%

While inflation hits the purchasing power of workers, the revaluation of pensions in Spain guarantees a significant increase for pensioners, with a million-dollar cost for Social Security

8 Articles

Right

When in 2021 the government approved the pension reform promoted by the then minister of the branch, José Luis Escrivá, there were many institutes of analysis and official agencies that warned about the potential harmful effect of a measure that, by recovering the revaluations of the payrolls automatically with the CPI, exposed ... Continue reading "Inflation will raise pensions by 3.5 points in 2027 and leave a millionaire bill to the state"

·Madrid, Spain
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Center

While inflation hits the purchasing power of workers, the revaluation of pensions in Spain guarantees a significant increase for pensioners, with a million-dollar cost for Social Security

Lean Right

The increase could be around 3.5%, but the final percentage will depend on the missing inflation data. With this increase, a pension of 1.500 euros would earn 52.50 euros gross per pay

·Madrid, Spain
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Right

Inflation at 4,9 % in September and forecasts suggest that prices will continue above 4% in October and November

·Madrid, Spain
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In the absence of three months before the end of 2026 the pensioners of our country already have the view on the revaluation of their pension next year. This data is calculated as the arithmetic average of the annual rates of the CPI of the 12 months prior to the month of December. That is, for this year from December 2025 to November 2026.

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Average GDP growth over the last two years is expected to be above 2%, ensuring that, by the automatic update formula in force, about 90% of pensions will increase above inflation.

·Lisboa, Portugal
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El Debate broke the news in Madrid, Spain on Tuesday, September 29, 2026.
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