New retirees earn 1,540 euros, 250 more than the average

The retirees of the general regime who entered the system in March did so with an average initial pension of 1,538.

Oliver Thansan
Oliver Thansan
25 April 2023 Tuesday 04:26
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New retirees earn 1,540 euros, 250 more than the average

The retirees of the general regime who entered the system in March did so with an average initial pension of 1,538.56 euros, according to data published this Tuesday by the Ministry of Inclusion, Social Security and Migrations. The data is a maximum for this month, but less than the 1,623.69 euros of the February data. Counting the rest of the regimes, the average is 1,440 euros among the new retirees.

A total of 11,963 million euros are allocated to the payment of pensions, 10.8% more. The data in this case is from April. Thus, in the last twelve months the payroll represents an expense of 11.7% of the annual GDP.

In general, all retirees in the system collect 8.7 million benefits and receive an average of 1,372.98 each month. Thus, the new pensioners earn about 250 euros more than the average.

In the rest of the benefits, those for widows have an average of 850.30 euros, a historical maximum, those for permanent disability are 1,119.93 euros, those for orphans are 477.34 euros and those that are in favor of relatives amount to 699. 48 euros -another record-.

In Spain, 10.09 million pensions are collected. Up to 6.3 million are for retirement, 2.3 million for widowhood, 945,332 for permanent disability, 340,760 for orphans and 44,772 for relatives. The retirement take 73% of spending.

Counting the entire system -retirement, permanent disability, widowhood, orphanhood and in favor of relatives- each pension represents an average monthly expense of 1,193.10 euros.

Pensions that receive a gender gap supplement amount to 474,526. In 92% of the cases they are women and the average amount of the supplement amounts to 66 euros. 22.5% correspond to pensioners with a child (106,969), who previously did not have access to the maternity supplement. 47.1% of the beneficiaries have two children (223,790); 19.5%, with three (92,755), and with four children, 10.8% (51,012).