The National Institute of Statistics (INE) published this Thursday the advance data on average year-on-year inflationwhich is the one registered between November 2023 and November 2024, and which sets the interannual Consumer Price Index (CPI). A data of special interest for retirees and pensionersgiven that Their pensions are revalued in 2025 as the CPI doeswith the aim that the high inflation of recent months does not impact their purchasing power.
Thus, the INE has announced that the advance data for the interannual CPI for November is 2.4%. Although it is provisional data (it will be made official in the middle of next month and is not expected to change), the figure makes it possible to anticipate how much contributory pensions will be revalued in 2025, through the average of the previous twelve months.
This is how retirement pensions will rise in 2025
According to forecasts, contributory pensions and those of the passive classes of the State will be generally revalued by 2.8%that is, some 564 euros more per year for the average pension retirement.
How are retirement pensions left with this increase?
- The half board retirement increases from 1,441 euros per month to 1,481.35 euros per month (about 40 euros more per month).
- The maximum pension retirement increases from 3,175 euros per month to 3,264 euros per month (89 euros more per month).
- The minimum pension retirement increases from 517 euros per month to 532 euros monthly (15 euros more per month, 203 euros more per year).
The total average pension of the systemwhich includes all the contributory pensions granted by the State, will be revalued by around 492 euros per month, that is, from 1,255 euros per month in 2024 to 1,290 in 2025.
The revaluation will have an impact on those close to 9.3 million people receiving 10.3 million pensions contributory, in addition to the 720,148 pensions corresponding to the State Passive Classes Regime
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