Amount

The amount of pension granted is determined by applying the general percentage  according to the number of years contributed to BP and, if applicable, the additional percentage for prolonging their working life, when retiring above the ordinary retirement age at any time and the applicable reduction quotient.

Until 2025, the base rate of the contributory retirement pension will be the ratio resulting from dividing the contribution bases of the person concerned during the 300 months immediately preceding the month prior to the month in which the qualifying event occurred by 350.

From 2026 to 2040, the base rate will be the most beneficial between the previous calculation (ratio resulting from dividing the contribution bases of the person concerned during the 300 months immediately preceding the month prior to the month prior to the qualifying event by 350) and the ratio resulting from dividing the 324 contribution bases of the highest amount within the period of 348 months immediately preceding the month prior to the month in which the qualifying event occurred by 378.

However, this last form of calculation will be applied gradually from 2026 until 2037, in accordance with the provisions of the fortieth transitional provision of the LGSS, so that, from 2026, the following calculations will be applied:

• During 2026, the ratio resulting from dividing the 302 highest contribution bases in the period of 304 months immediately preceding the month prior to the month of the qualifying event by 352.33.
• During 2027, the ratio resulting from dividing the sum of the 304 highest contribution bases in the period of 308 months immediately preceding the month prior to the month in which the qualifying event occurred by 354.67.
• During 2028, the ratio resulting from dividing the sum of the 306 highest contribution bases in the period of 312 months immediately preceding the month prior to the month in which the qualifying event occurred by 357.
• During 2029, the ratio resulting from dividing the sum of the 308 highest contribution bases in the 316 months immediately preceding the month prior to the month in which the qualifying event occurred by 359.33.
• During 2030, the ratio resulting from dividing the sum of the 310 highest contribution bases in the period of 320 months immediately preceding the month prior to the month in which the qualifying event occurred by 361.67.
• During 2031, the ratio resulting from dividing the sum of the 312 highest contribution bases in the period of 324 months immediately preceding the month prior to the month in which the qualifying event occurred by 364.
• During 2032, the ratio resulting from dividing the sum of the 314 highest contribution bases in the period of 328 months immediately preceding the month prior to the month in which the qualifying event occurred by 366.33.
• During 2033, the ratio resulting from dividing the sum of the 316 highest contribution bases in the period of 332 months immediately preceding the month prior to the month in which the qualifying event occurred by 368.67.
• During 2034, the ratio resulting from dividing the sum of the 318 highest contribution bases in the period of 336 months immediately preceding the month prior to the month in which the qualifying event occurred by 371.
• During 2035, the ratio resulting from dividing the sum of the 320 highest contribution bases in the period of 340 months immediately preceding the month prior to the month in which the qualifying event occurred by 373.33.
• During 2036, the ratio resulting from dividing the sum of the 322 highest contribution bases in the period of 344 months immediately preceding the month prior to the month in which the qualifying event occurred by 375.67.
• From 1 January 2037, the ratio resulting from dividing the 324 highest contribution bases in the period of 348 months immediately preceding the month prior to the month of the qualifying event by 378.

From 2041, the first method of calculation (ratio resulting from dividing the contribution bases of the person concerned during the 300 months immediately preceding the month prior to the month in which the qualifying event occurred by 350) will cease to apply, and the calculation will be the most beneficial between the second calculation (ratio resulting from dividing the 324 highest contribution bases in the 348 months immediately preceding the month in which the qualifying event occurred by 378), and the following calculation:

• In 2041, the ratio resulting from dividing the contribution bases of the person concerned during the 306 months immediately preceding the month prior to the month in which the qualifying event occurred by 357.
• In 2042, the ratio resulting from dividing the contribution bases of the person concerned during the 312 months immediately preceding the month prior to the month in which the qualifying event occurred by 364.
• In 2043, the ratio resulting from dividing the contribution bases of the person concerned during the 318 months immediately preceding the month prior to the month in which the qualifying event occurred by 371.

From 2044 onwards, only one calculation will be applicable, so that the base rate will be the ratio resulting from dividing the 324 highest contribution bases in the 348 months immediately preceding the month prior to the month in which the qualifying event occurred by 378.

For people to whom the legislation prior to 1-1-2013 is applicable, in applying the  fourth transitional provision of the LGSS, the base rate will be the most beneficial between the legislation currently in force and the ratio resulting from dividing the contribution bases of the person concerned during the 180 months immediately prior to the month before the month in which the qualifying event occurred by 210.

Updating of the contribution bases:

The contribution bases of the 24 months immediately preceding the month prior to the causal event are taken at their nominal value.

The other contribution bases are updated according to the evolution of the Consumer Price Index (CPI) from the month said bases correspond to the month immediately preceding the one when the period referred to in the previous paragraph begins.

Gap Integration:

If the period which has to be used to calculate the BP contains months during which contribution is not mandatory, the  first  48  months  will enter the calculation at the minimum base of those existing at each time, and the other monthly figures will be entered at 50% of said minimum base.

However, for events occurring after 01/01/2026, and in accordance with the provisions of the forty-first transitory provision of the LGSS, in the case of employed workers, from the forty-ninth to the sixtieth monthly payment, they will be integrated at 100% of the minimum contribution basis of the General Social Security Scheme corresponding to the respective month, and from the sixty-first to the eighty-fourth, at 80% of the said minimum basis.

When there are some months where there was only an obligation to contribute during part of the month, the part during which there was no obligation to contribute shall be integrated as indicated in the previous paragraphs, provided that the Contribution Basis for the first period does not reach the minimum monthly basis specified. In this case, the integration will be increased up to this latter amount.

For those persons for whom the legislation applicable is that prior to 01/01/2013 by virtue of temporary provision four of the General Law on Social Security, for the purposes of said calculation, gaps in contribution will be integrated by entering the minimum contribution basis in force at any time in the General System for workers over the age of 18.

In the case of workers included in the Special System for Domestic Employees, from 2024 the general rules for the integration of gaps apply, regardless of the date on which the gaps occurred.

In the case of workers included in the Special scheme for agricultural workers employed by another person, from 01/01/2012 onwards, only the periods actually contributed will be used to calculate the BR (Gap Integration does not apply).

For part time, relief and intermittent permanent contracts, it must be taken into account that:

• The integration of the periods during which there has been no obligation to contribute will be carried out using the minimum Contribution Basis from those applicable at any time for the number of hours contracted on the date on which the obligation to contribute was interrupted. If an individual is only required to contribute for a portion of a month, the part of the month for which he or she is not required to contribute will be integrated, as long as the relevant contribution basis does not reach the minimum basis amount indicated.
  
• With the exception of periods between seasons or campaigns for workers on an Intermittent - Permanent Employee Employment Contract, the hours or days not worked due to interruptions in employment due to the conditions of the part-time contract itself will not be deemed contribution gaps.

In the case of self-employed workers, from 2026, if for the calculation of the CB there were, after the termination of the cessation of activity benefit, periods during which there had been no obligation to contribute, the contribution gaps of the following 6 months of each of these periods will be integrated with the minimum RETA base.

Increases in Contribution Bases:

Increases in contribution bases occurring in the last two years, if the result of salary increases above the average year-on-year increase in the applicable collective bargaining agreement, or in the absence of such an agreement, in the sector, will not be computed.

Salary increases resulting from the strict application of regulations contained in legal provisions and collective bargaining agreements concerning length of service and regulatory rises in occupational classification, together with those salary increases due to any other reason also regulated in legal provisions or collective bargaining agreements, will be excluded from the foregoing.

Pluri-employment:

The bases for which the various companies have contributed will compute in full; however, the sum of said bases may not exceed the contribution ceiling in force at any time.

Pluri-activity:

When contributions are accredited under various systems, and the worker is not entitled to a pension under one of these systems, the Contribution Bases accredited in the latter under a pluri-activity system may be added to those in the system where a pension can be claimed, exclusively for determining the BR of the same; however, the sum of said bases may not exceed the contribution ceiling in force at any time.

Cases for exoneration of payments(*):

For periods of activity in which no contributions have been made for common contingencies (except for the Temporary Disability benefit), because the exemption provided for in Article 152 of the General Law on Social Security applies to workers employed by another person and worker or worker-members of cooperatives who have reached the age for access to the retirement pension, the following rules shall be taken into account:

1. The bases used will be those which would have been contributed, unless they exceed the result of increasing the average of the contribution bases for the immediately preceding calendar year by the average known variation in the CPI for the last year, plus two percentage points.
   
2. If the contribution bases declared are greater than the average of those from the previous year, increased in accordance with rule 1, that amount is taken as the contribution basis.
   
3. In order to calculate the average indicated in rule 1, the contribution bases will be taken for the activity and company for which contribution is exempt and for the working day comparable to the one worked.
   
4. If there are no contribution bases in any of the monthly payments of the previous calendar year, the average of the existing contributions is divided by the number of months for these payments.
   
5. If there are no contribution bases for the activity subject to payment exemptions, the contribution bases taken are those of the interested party working as an employee during the year prior to the beginning of the exemption, for a working day comparable to the one exempt from contributions.
   
6. If there are no contribution bases for the previous year, we take the contribution bases in the first year they do exist, calculating the average as per rule 1 and applying the rules cited in the foregoing sections. Said average will be raised by the average percentage variation of the calendar year or years until reaching the year in which payment exemption commences.

Contribution basis to be taken into consideration in the benefit calculation bases for caring for children or fostered minors:

• When the period considered contributed for the purposes of benefit for caring for children or fostered minors falls within the calculation period for determining the benefit base rate, the contribution basis we take into account will be the average of the beneficiary's contribution bases for the 6 months immediately preceding when contributions begin their suspension or, if applicable, when contribution is intermittent, those corresponding to the six months contributed immediately preceding the period computed.
• It the beneficiary does not have the aforementioned 6 months' contributed, we compute the average of the contribution bases that are accredited, corresponding to the period immediately preceding contribution suspension.

Percentage applicable in 2026:

The percentage varies depending on the number of years the individual has been making Social Security contributions. A scale is applied that begins with 50% at 15 years, increasing from the sixteenth year by 0.21% for each additional contribution month from month 1 to month 249, and by 0.19% for those who pass month 249, with the percentage applicable to the base pension never exceeding 100%,  except in cases where the individual accesses their pension at a later age than is applicable to them.

Percentage applicable from 2027:

The percentage varies depending on the number of years the individual has been making Social Security contributions. A scale is applied that begins with 50% at 15 years, increasing  from the sixteenth year by 0.19% for each additional contribution month from month 1 to month 248, and by 0.18% for those who pass month 248, with the percentage applicable to the base pension never exceeding 100%, except in cases where the individual accesses their pension at a later age than is applicable to them.

Transitional maintenance of maternity supplement

People who, on 4-2-2021, were receiving the demographic contribution maternity supplement will continue to receive it.

The receipt of the maternity supplement will be incompatible with the new contributory pension supplement for the reduction of the gender gap, and the persons concerned may choose between one or the other.

If the other parent of one of the children who was entitled to the maternity supplement applies for the contributory pension supplement and is entitled to receive it, the monthly amount recognised shall be deducted from the maternity supplement, with financial effects from the first day of the month following that of the decision, provided that the decision is issued within six months of the application or, where applicable, of the recognition of the pension that gave rise to it; after this period, the effects shall take effect from the first day of the seventh month following that of the decision.

Supplement for the reduction of the gender gap

The contributory pension supplement for the reduction of the gender gap replaces the maternity supplement for demographic contribution with a financial supplement for the reduction of the gender gap. Each child may entitle only one of the parents to a supplement (the parent receiving the smaller public pension will receive the supplement). The recognition of the allowance for the second parent shall entail the extinction of the allowance already recognised for the first parent.

The amount to be received is limited to four times the monthly amount fixed per child. The amount is fixed annually in the LPGE".

Percentage applicable to those who fall under legislation prior to 01/01/2013:

The percentage varies depending on the number of years the individual has been making Social Security contributions. A scale is applied that begins with 50% at 15 years, increasing by 3% for each additional year between the sixteenth and twenty-fifth year and 2% from the twenty-sixth year until reaching 100% at 35 years.

The contribution years to take into account are those made:

• To the General Social Security System.

• To the different Special Social Security Systems.

• To the former Old Age Insurance and Disability  Systems and/or Labour Union.

• To the integrated Systems, including those prior to the introduction of these if they count towards the right to the benefits they give rise to.

• To other Social Security Entities, which act as substitutes for those corresponding to the regime or regimes that are yet to be integrated.

• Contributions paid to the State Pensioners Regime.(Régimen de Clases Pasivas del Estado).

• To the Public Administrations and organisations attached to them prior to 01-01-59 by personnel who did not hold civil servant positions.

• The contributions  of staff in the Justice System shall be treated as periods of contributions where there is a difference between the periods actually worked as shown on the certificate of service and those shown on the certificate of contributions. These periods will not be included in the databases of the Social Security General Treasury and will therefore be treated as having contributed, at the request of the person concerned, at the time when the corresponding pension is paid or reviewed.
  

Rules for calculating the contribution years:

If contributions are made after 01-01-67, all the days for which contributions were made will be taken into account and the total number of days will be divided by 365 to get the number of years of contributions. A fraction of a year cannot be counted as a full year, given that, once the first fifteen years of contributions are completed, the percentage applicable to the pension base increases with each additional month in which contributions are made.

If contributions were made prior to 01-01-67, the number of contribution years is calculated by dividing the total number of contribution days by 365 (without rounding up a fraction of a year to a full year) obtained from the sum of the following contributions:

• Days of contributions to the General System and other regimes from 01-01-67.
• Days of contributions to Old Age Insurance and Labour Unions between 01-01-60 and 31-12-66, provided these do not overlap.

• The bonus days which correspond to the worker, according to the age reached on 01-01-67, as long as contributions are accredited to the Old Age and Disability Insurance and/or Labour Insurance, in accordance with the following scale:
  

• When the retirement pension is paid at an age higher than the ordinary retirement age applicable in each case, provided that the minimum contribution period required has been fulfilled at that age, the person concerned shall be granted a financial supplement to be paid in one of the following ways, as they choose:

1. 1. An additional percentage of 4% for each full year of contributions made between the date on which this age was reached and the date of the causal event of the pension. 

      From the second full year of delay onwards, periods of more than six months and less than one year may be taken into account for the calculation of the percentage, with an additional 2% corresponding to these periods. The additional percentage obtained will be added to what would generally be awarded to the worker according to the number of years they have contributed, applying the resulting percentage to the base rate to determine the pension amount, which may never exceed the ceiling established for contributory pensions in the corresponding LPGE.

      If the amount of the pension awarded reaches the established ceiling without applying the additional percentage or by only applying it in part, the worker will receive:

      • The maximum pension.
      • An amount calculated by applying the additional percentage not used for determining the pension amount (rounded up to the closest unit) to the maximum pension stipulated at any given time. The aforementioned amount will be paid a month in arrears and in 14 payments a year. The sum of the amount of the pension or pensions awarded to the worker, calculated on an annual basis, may not exceed the ceiling figure for the contribution basis stipulated at any time, also calculated on an annual basis.

   2. A lump sum amount for each full year of contributions paid between the date on which that age was reached and the date of the causal event of the pension, the amount of which shall be determined on the basis of the years of contributions credited on the first of the dates indicated, the calculation formula being as follows:

      • For each full year of contributions paid between the date on which they reached that age and the date on which the pension became payable, the financial supplement shall correspond to the result of multiplying the amount resulting from the following formula by the number of years of contributions paid.

        • If less than 44 years and 6 months of contributions were made:

          
        • If they have paid contributions for at least 44 years and 6 months, the above figure is increased by 10%:
          

          Where the amount of the recognised pension exceeds the ceiling applicable on the date of the causal event, for the calculation of the lump sum amount, that maximum limit will be taken as the initial annual pension. 

      • From the second full year of delay onwards, periods of more than six months and less than one year may be taken into account for the calculation of the allowance, with the result of multiplying the amount of the above formula by 0.5.

      • A combination of the above options under the terms to be determined by regulation. 

   3. A combination of the above solutions (mixed option) provided that they have at least two full years of contributions between the date on which they reached the ordinary retirement age and the date of the causal event giving rise to the retirement pension. In this case, the supplement shall be fixed as follows: 
      • When a period of two to ten full years of contributions is credited between the date of reaching the applicable ordinary retirement age and the date of the causal event giving rise to the retirement pension, the supplement will consist of the sum of: 
        • An additional 4 per cent for each year in the middle of that period, taking the lower whole number. The forecasts set out in point 1 shall apply to this percentage. 
        • A lump sum amount for the remainder of the period concerned, determined in accordance with point 2. 
      • Where a period of eleven or more full years of contributions has been credited between the date of reaching the applicable normal retirement age and the date of the causal event giving rise to the pension, the supplement shall consist of the sum of: 
        • A lump sum amount for five years of that period, determined in accordance with point 2. 
        • An additional 4 per cent for each of the remaining years, to which the provisions set out in point 1 shall apply. 

For the purpose of calculating the contribution period to be considered, full years shall be taken into account, without a fraction of a year being treated as a year.

• Whatever the modality chosen, for the calculation of the contribution period to be taken into account, periods of time spent in situations assimilated to that of registration that do not involve actual work will not be taken into account.

• The choice shall be made only once at the time of applying for the pension, and may not be changed thereafter. If not exercised, the supplement referred to in point 1 shall apply.

• From 1 April 2025, this allowance is compatible with access to active ageing (active retirement). In any case, contributions paid during active retirement shall not give rise to any increase in the allowance. 

• This benefit will not be applicable in cases of partial or flexible retirement, nor when retirement age reduction coefficients are applied. Therefore, this benefit will only apply to workers who, on the date of the causal event, are awarded a retirement pension at an age that is above the legally established age for ordinary retirement.

• Additional percentage for people to whom the legislation prior to 01/01/2013 is applicable:

  • A total of 2% for each full year of contributions, or year when contributions are legally considered to have been made, from the date on which the worker reached the age of 65 until the date of the causal event of the pension.
  • A total of 3% when the worker accredits at least 40 years contributed when they reach the age of 65.

• Workers who were members of Mutual Insurance Societies on 1 January 1967, or equivalent:

  For those beginning to receive a retirement pension at an older age than the legal minimum, the amount of the pension will be calculated on the basis of article 210 of the LGSS.

• The base rate for retirement pensions and Permanent Disability benefit is reached using the general rule.
• For the purpose of determining the amount of retirement pensions and Permanent Disability pensions due to Common Disease, in the case of part-time work, all the periods during which the worker has been on sick leave shall be taken into consideration, regardless of the length of the working day.
• The percentage to be applied to the respective base rate will be determined in accordance with the general scale (Article 210  and  ninth transitional provision of the General Law on Social Security), and will take into account the days on which the worker has been registered, irrespective of the length of the working day.
  

(*) Exemption from contributions of workers aged 65 or over:

From 01-01-2013:

Employers and employees shall be exempt from paying Social Security contributions for common contingencies, except for temporary disability arising as a result, in respect of employees, as well as worker or worker-members of cooperatives, once they have reached the age to access the retirement pension applicable in each case.

The contribution exemption also covers contributions for unemployment, the Wage Guarantee Fund and vocational training.

The exemptions shall not apply to contributions relating to workers who provide their services to public administrations or public bodies regulated in Law 40/2015, of 1 October, on the Legal Regime of the Public Sector.

The periods for which this exemption applies shall be counted as periods in which contributions have been paid for the purposes of access to and determination of the amount of benefits. 

To whom does the legislation prior to 01-01-2013 apply:

Employers and workers will be exempt from paying Social Security contributions for unemployment, the Wage Guarantee Fund, vocational training and common contingencies, except for temporary disability arising from this, in respect of those workers employed by others with indefinite-term employment contracts, as well as worker or worker members of cooperatives, provided that are aged 65 or over and can prove 35 or more years of effective Social Security contributions, without the proportional parts of special payments being taken into account for these purposes.

If, on reaching the age of 65, the worker has not paid contributions for 35 years, the exemption shall be applicable from the date on which 35 years of actual contributions are credited.

The exemptions shall not apply to contributions relating to workers who render their services in the public administrations or public bodies regulated in Title III of Law 6/1997 of 14 April 1997 on the organisation and functioning of the General State Administration.