How can I get a pension in Spain?

If you are self-employed or employed, you are close to 65 years old and you have respected your social security contributions, you can apply for your retirement pension. The aim of the economic benefit you will receive is to replace the salary you receive as a worker with a pension for life when, due to your age, you stop working.

What steps must I take to obtain my pension?

If you already meet the requirements of the law, you can submit your application and documentation to the INSS, the National Social Security Institute, with the exception of seafarers, who must apply to the provincial directorates of the Maritime Social Institute. . If you already meet the requirements of the law, you can submit your application and documentation to the INSS, the National Social Security Institute, with the exception of seafarers, who must apply to the provincial directorates of the Maritime Social Institute. . To initiate procedures, workers must:

  • Download the retirement application from the social security website.
  • Attach the additional documents requested.
  • Understand the family record book, civil status registers or an official certificate attesting to the spouse’s family link with the pension applicant, in order to access an additional payment which increases the amount of the pension to be received.

In general, the process is very simple. If you want to avoid any lag between the date you stop working and the date you start receiving your retirement benefits, you must apply in good time. If you want to avoid any lag between the date you stop working and the date you start receiving your retirement benefits, you must apply in good time.

When can I start claiming my pension?

The official request can be made within 90 days before or after the official termination date, for workers who are currently in employment. The maximum retroactivity recognized by Social Security is only 3 months, so it is important not to let too much time pass without filing the request after stopping your work.

How long does it take to apply for my pension?

A maximum period of 90 days has been established for the process to be resolved and for the official notification to the worker interested in the pension claim. The average delay, according to social security statistics, is 19 days.

How much does an elderly retiree receive?

The pension is paid on the 25th of each month, with two additional payments in June and November. In total, there are 14 monthly payments per year that the retiree receives. Pension payments are made on the 25th of each month, with two additional payments in June and November. The amount of the pension is reassessed at the start of each year, based on the consumer price index, CPI. In 2021, the payroll of retirees increased by 0.9%, i.e. an increase of € 10.50, bringing the average pension to € 1,177.22. The average pension is € 1,177.22. Retirees will receive a pension of € 1,177.22.

Share on facebook
Share on whatsapp
Share on skype
Share on twitter
Scroll to Top