He month of november It is usually a time of good news for pensioners. That is when the extra pension payment is collected (for those – the majority – who receive it in 14 payments) and news is also received about the revaluation of them.
Pensions are linked to the CPI and it is this data that determines whether or not they will increase. By 2025: pensioners will receive good news because everything indicates that they will appreciate.
The important change in pensions in November
To determine how much they will rise next year, we still need to know the definitive inflation data for the month of November. It must be taken into account that pensions are revalued taking into account the variation in the average interannual CPI of the last 12 months. That is, between December 2023 and November 2024.
Pensioners will know exactly this good news from November 28date on which the advance inflation data for the month of November will be known. On December 13, the final data will be known and, therefore, it will be possible to specify what the percentage increase will be in a concrete way.
To give background, in 2024 the revaluation of contributory pensions was 3.8%. In the case of minimum pensions, non-contributory pensions and the Minimum Living Income rose by 6.9%, and those for widows with family responsibilities rose by 14.1%.
This meant that, on average, the system’s average pension, considering all types of pensions and benefits, rose by 46 euros per month. Thus, the end of the month of November could come full of good news for pensioners not only because of the collection of the extra pay but because They will find out how much their pension will increase in 2025.
#important #change #pensions #arrives #November #affect
