you will receive the new extra money this day

Pensioners are one of the most vulnerable groups in the country: with income sometimes dependent solely and exclusively on State transfers. Until very recently, the income received by citizens entitled to both a contributory and non-contributory pension They were not updated to the inflation indicator: for years, these incomes remained ‘frozen’ until the reform of the pension system arrived, which established how salaries dependent on the state had to take into account the loss of purchasing power of citizens year after year.

Thus, last 2023, there was an increase in contributory pensions 8.5% and non-contributory ones 15% while in 2024 there has been a new update in line with the inflation recorded throughout the year.

Once the inflation data were updated, Minister Elma Saiz of Inclusion, Social Security and Migration confirmed that starting in January the minimum contributory pension would rise by 6.9%, as would non-contributory pensions, while the vast majority of pensions would reach a 3.8% increase.

Especially commented was the figure dedicated to widow’s pensions with family responsibilities, which will receive an increase of up to 14.1% during 2024 to equip themselves with those of retirees.

The exact date on which pensioners will receive their extra money in their pension

The income of pensions by the State It is regulated by the General Law of Social Security, which establishes that the General Treasury of Social Security (TGSS) deposits payroll to citizens’ financial entities between the first and fourth business day of the month.

Predictably, pension beneficiaries updated will receive the next income with the extra money corresponding to January 2024 on the 25th, although it always depends on when the bank decides to anticipate the TGSS income to its clients.


2024-01-12 15:39:28
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