A Pension System with Limitations
In Spain, public pensions are subject to regulations designed to ensure the viability of the system and promote a degree of fairness among beneficiaries. For 2024, the maximum amount of a contributory pension has been set at 3,175.04 euros per month, a total of 44,450.56 euros per year for those receiving 14 payments.
This amount represents the total sum of public pensions that an individual can receive, although there are exceptional situations that allow this limit to be exceeded.
Pensions for Victims of Terrorism: An Exceptional Case
One of the most significant examples of exceptions is the pension for victims of terrorist acts. These pensions are not subject to the established limit, recognizing the devastating impact that terrorist attacks have on the lives of those affected.
With this economic support, we seek to provide financial stability to those who have suffered serious losses due to these tragedies.
Major Disability: A Vital Support
The Severe Disability Pension is another category that escapes the general limitations. This benefit is intended for those who, due to their disability, need constant assistance with their daily activities.
In these cases, the basic pension is supplemented with an additional 50%, ensuring that beneficiaries can afford the costs associated with the necessary care, either through Social Security or through other organizations such as MUFACE.
Correcting Inequality: Supplement for the Gender Gap
Another mechanism that allows the pension limit to be exceeded is the supplement to reduce the gender gap, created to address inequalities in work careers, especially after the birth of children.
Although this add-on is primarily aimed at women, men who meet the requirements can also access it. The amount is 33.20 euros per month per child, with a maximum of four children, and can be applied to retirement, widowhood and permanent disability pensions.
Impact of the Add-on
According to Social Security data, more than 770,000 pensioners benefited from this supplement in June 2024, with an average amount of 71 euros per month. Those who already receive the maximum pension can also opt for this supplement, allowing their monthly income to exceed 3,175.04 euros.
Pension Regulations and Differentiation
The legal framework that regulates public pensions is detailed in article 42 of Law 37/1988, which defines public pensions including those of the General Regime and other special Social Security regimes.
It is important to note that not all pensions are included within this regime; those derived from occupational pension plans or group insurance are not considered public pensions, an essential distinction to understand the diversity of the system.
A Complex and Adapted System
The exceptions that allow the limits of public pensions to be exceeded reflect the diversity and complexity of a system designed to meet the particular needs of different social groups. With a focus on justice and equity, the pension system seeks to adapt to the changing realities of Spanish society.
