The Council of Ministers has approved, in a single decree, the increase in pensions by 2026
Contributory pensions will be increased by 2.7 per cent, the minimum pensions will be increased by more than 7 per cent, and widows' pensions with family burdens, non-contributory pensions and the Minimum Living Income will be increased by 11.4 per cent. These increases have been reflected in a Royal Decree-Law that has finally dissociated itself from the so-called "social shield" to be approved in Congress and guaranteed the purchasing power of pensioners.
The Council of Ministers has again approved a 2.7% increase in contributorypensionsand passive classes by 2026, as well as an increase in minimum pensions of more than 7%, as reported by the Spanish Government's spokeswoman and Minister for Social Inclusion, Social Security and Migration, Elma Saiz.
In addition, widows' pensions with dependent spouse and family burdens will increase by 11.4 per cent next year, as will non-contributory pensions and the Minimum Living Income (IMI), which will also increase by 11.4 per cent.
These promotions are reflected in a Royal Decree-Law. In the end, it has dissociated itself from the so-called social shield and the measures have been incorporated into a new decree guaranteeing its validation in Congress and "shielding" the purchasing power of pensioners, Saiz said at the press conference following the Council of Ministers.
The decision to dissociate the increase in pensions from the social shield comes after Congress, with the votes of PP, Junts, Vox and UPN, suspended the omnibus decree on 27 January. The validation of the two decrees will now be voted on separately in the Upper House.
The increase in pensions by 2026 was effective in January for almost 13 million pensioners and benefits in the public system, and it is now a question of ensuring their continuity, without changes in the payroll, by approving a separate increase in the value of pensions.
Contributory pensions and passive classes
Contributory pensions and passive classes, depending on price developments, have increased by 2.7 per cent by 2026, the same amount as the supplement to reduce the gender gap increases.
This 2.7 per cent increase by 2026 benefits 9.4 million people who receive more than 10.4 million contributory pensions, as well as more than 734,000 recipients of the State Passive Classes Scheme, whose pensions also increase by 2.7 per cent.
According to estimates by the Ministry of Social Inclusion, a revaluation of approximately 2.7 per cent for this year amounts to an additional EUR 570 per year for an average retirement pension, while the average pensions in the system increase by around EUR 500 per year.
The Minister of Territorial Policy and Democratic Memory, Angel Victor Torres, and the Government Spokesperson and Minister for Social Inclusion, Social Security and Migration, Elma Saiz, during the press conference following the meeting of the Council of Ministers in Moncloa.
Minimum and non-contributory pensions
On the other hand, minimum pensions have increased by more than 7 per cent (+7.07 per cent) in 2026, although this percentage is higher for pensions with dependent spouse and widows' pensions with family burdens, which have increased by 11.4 per cent, as in the case of non-contributory pensions and the CPI.
Old-age and disability pensions (SOVIs) are also valued at 7.07 per cent by 2026, amounting to €599.60 per month for non-simultaneous pensions and €582.10 for participants.
The minimum retirement pension for holders aged 65 or over in single-person households is €13,106.80 per year by 2026, whereas in 2025 it was €12,241.6 and in cases where they have a spouse in charge, €17,592.40, exceeding €15,786.4 by 2025.
Similarly, the allowance per dependent child or minor with a recognized disability of 65 per cent or more is €5,962.80 per year in 2026, while the allowance per dependent child or minor with a recognized disability of 75 per cent or more is €8,942.40 per year, an additional 2.7 per cent.
The rule adopted this Tuesday also provides for the freezing of autonomous quotas by 2026.