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What it is

Proposal to raise pensions by 1.6% in 2018

Admitted step 2 of 7 · Unfinished

It is a members’ bill. Introduced by parliamentary groups, the Senate, regional governments or citizens. It was introduced on 27 February 2018. Introduced by: Grupo Parlamentario Mixto.

Official title: Private member's bill regarding the guarantee of sufficiency of pension revaluation for the year 2018 and urgent measures for financial rebalancing of Social Security.

Follow this law

Source: Congreso de los Diputados, file 122/000195· updated 11 Nov

Automatic summary, not yet reviewed

  1. The bill would raise all public Social Security pensions, including Clases Pasivas The pension scheme for Spanish civil servants, mainly those who joined before 2011. pensions, by 1.6% starting January 1, 2018.
  2. If real inflation in 2018 goes above 1.6%, pensions would be raised again by the difference, so pensioners would not lose purchasing power.
  3. The pension increase would be paid directly from the State's general budget, not only from social security contributions.
  4. The pension revaluation index, the mechanism that raised pensions by only 0.25%, would be suspended for 2018.

Who it affects

  • People receiving a public pension: Would see their pensions raised by 1.6% from January 1, 2018.
  • Government: Would have to convene the Social Dialogue Table and agree on measures to balance Social Security income and spending.
  • The State: Would provide the money needed to pay for the pension increase.

Words worth knowing

Revalorización
Annual increase of pensions to offset rising prices.
Poder adquisitivo
Purchasing power: how much you can buy with the money you receive.
IPC
Consumer Price Index: it measures how much consumer prices rise.
Clases Pasivas
The pension scheme for Spanish civil servants, mainly those who joined before 2011.
Pacto de Toledo
A working group of the Congress where political parties agree on the future of pensions.

It summarizes the text as it was introduced. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries

Where it stands

How far did it get?

It took 2 of 7 steps. It reached Admitted, and today it is unfinished.

  1. Introduced27 February 2018Someone registers the text in the Congreso.
  2. Admitted6 March 2018The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendmentsnot reachedGroups propose changes.
  4. Committeenot reachedA committee goes through the text in detail.
  5. Plenarynot reachedAll 350 deputies vote.
  6. Senatenot reachedThe Senate can pass it, amend it or veto it.
  7. BOEnot reachedIt is published in the Official State Gazette (BOE) and comes into force.
See the 6 official steps on a timeline
Mar 2018Jun 2018Sept 2018Dec 201811. 27 February 2018: Presentación22. 6 March 2018: Boletín Oficial de las Cortes Generales Publicación desde 06/03/2018 hasta 09/03/201833. 6 March 2018: Calificación44. 9 March 2018: Gobierno Contestación desde 09/03/2018 hasta 04/09/2018 Nota: (Comunicación disconformidad - Solicitud mayor información por acuerdo de Mesa de 24/04/2018).55. 4 September 2018: Pleno Toma en consideración desde 04/09/2018 hasta 05/03/2019 Nota: (Nuevo criterio del Gobierno 19/07/2018).66. 5 March 2019: Concluido - (Caducado) desde 05/03/2019 hasta 27/03/2019

Was there a plenary vote?

We have no plenary vote linked to this law in the Congreso’s data.

What happens next

What happens now?

The legislature ended before it finished. To go on, someone would have to introduce it again in the new Cortes.

It has not been presented again yet.

Sources

Where does all this come from?

  • The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
  • Each deputy’s province is the one of their seat on the day of the vote.
  • We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.

Read the full method · Report an error