What it is
Bill proposes a 1.6% pension increase for 2018, funded by taxes
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 Socialista.
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.
Source: Congreso de los Diputados, file 122/000197· updated 11 Nov
Automatic summary, not yet reviewed
- The bill would raise all public Social Security pensions, including Clases Pasivas Pension scheme for former civil servants, now part of the Social Security system. pensions, by 1.6% starting January 1, 2018.
- If prices in 2018 rise more than 1.6%, pensions would be adjusted and the difference paid in a single payment, so pensioners would not lose purchasing power.
- The increase would be funded with tax money, not only with contributions. The Government would also have to convene the Social Dialogue Table to agree on how to balance Social Security income and spending, and send the agreement to the Pacto de Toledo A working group of the Congress of Deputies (Congreso de los Diputados) where political parties agree on major pension decisions..
- The current pension indexation formula would be suspended for 2018, because according to the text it does not protect purchasing power. The suspension would apply only to 2018, while the Pacto de Toledo decides whether to change or replace it.
Who it affects
- Social Security and Clases Pasivas pensioners: Would see their pensions raised by 1.6% in 2018, with purchasing power guaranteed if inflation exceeds that rate.
- The Government: Would have to convene the Social Dialogue Table and agree on measures to balance the system's finances.
- The Pacto de Toledo committee: Would receive the agreement on pension funding and decide the future of the indexation formula.
Words worth knowing
- Revalorización
- Annual pension increase to offset rising prices.
- Poder adquisitivo
- Purchasing power: what your money can buy. If prices rise faster than your pension, you can buy less.
- Clases Pasivas
- Pension scheme for former civil servants, now part of the Social Security system.
- Pacto de Toledo
- A working group of the Congress of Deputies (Congreso de los Diputados) where political parties agree on major pension decisions.
- Índice de revalorización
- Legal formula that sets how much pensions rise each year based on economic conditions.
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.
- Introduced27 February 2018Someone registers the text in the Congreso.
- Admitted6 March 2018The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
- Amendmentsnot reachedGroups propose changes.
- Committeenot reachedA committee goes through the text in detail.
- Plenarynot reachedAll 350 deputies vote.
- Senatenot reachedThe Senate can pass it, amend it or veto it.
- BOEnot reachedIt is published in the Official State Gazette (BOE) and comes into force.
See the 6 official steps on a timeline
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?
- Congreso de los Diputados, file 122/000197
Official title, type, author, dates and stage.
Retrieved 11 November 2026
- 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.