This is the date on which retirees will receive the extra Christmas pay
The second annual bonus of the pensionswhich directly concerns millions of retired in Spain, it is about to be collected this same month of November. Now, what is interesting to know now, on the eve of Black Friday and a few weeks after the start of the Christmas campaign, is what will be the exact day the extra Christmas pay will be reflected in the bank accounts. Well, first of all, to answer this question accurately, the first thing you need to know is how much is the amount of money to perceive.
Well then, in the supposed full accrual periods, that is, every six months, they are paid for the same amount as the amount of an ordinary monthly payment. In other words, if the retired person receives a pension of 890.50 euros, in November he will collect the ordinary pension, as every month, plus another 890.50 euros corresponding to the second extraordinary payment. However, it should be noted that not all pensioners will receive this double payment. This is the case of those that are prorated in 12 payments, as in the case of pensions for permanent disability that respond to an accident at work or occupational disease. This is reflected in article 46 of Royal Legislative Decree 8/20145, which regulates the current General Social Security Law.
When do pensioners receive the extra Christmas pay?
The second extra pension payment, better known as Christmas, is entered in november. Specifically, the maximum period is established until November 30. In any case, the usual thing in these cases is that the Ministry of Inclusion, Social Security and Migrations, currently led by José Luis Escrivá, make these deposits in banks between the 25th and 28th of each month.
Now, if you look at the calendar, the truth is that these days are very close to the weekend, so it is most likely that banks such as CaixaBank, Santander Bank or Bankinter, Advance the payment to Wednesday, November 23. On the other hand, other banks, such as Abanca, ING, Liberbank, Unicaja or Cajamar, usually respect the deadlines granted by Social Security, so it is most likely that their pensioner clients will receive it on Friday, November 25. .
🤔 When are pensions collected?
🗓️In June, Social Security pays the first extra payment, the other is paid in November
👉Public pensions are divided into 14 annual payments, with the exception of those derived from an accident at work and PE
— Social Security Magazine (@RvstaSegSocial) June 10, 2022
How much will pensions rise from January 2023
The Government of Spain, hand in hand with the Minister of Finance and Public Function, María Jesús Montero, confirmed on October 3, coinciding with the presentation of the new General State Budgets (PGE), which all pensions will go up by at least 8.5% by 2023. So will unemployment benefits and subsidies. This is due to the rise in the IPREM by 3.6%, the index used to calculate the amounts of social benefits in Spain, which will reach 600 euros. However, the Minister of Social Security, José Luis Escrivá, does not rule out that it rises even more in the case of the Minimum Vital Income and the lowest pensions.
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