Raises pensions by 2.7% and updates Social Security contributions for 2026

Automatic summary, not yet reviewed

1. Contributory pensions under the Social Security system and passive classes are raised by 2.7% starting January 1, 2026, until the State Budget is approved.
2. The maximum amount of public pensions starting in 2026 is set at €3,359.60 per month or €47,034.40 per year.
3. Other benefits are updated: the gender gap reduction supplement is set at €36.90 per month, non-contributory pensions at €8,803.20 per year, and family benefits, SOVI pensions and other aids are revised.
4. The maximum contribution base is set at €5,101.20 per month. The Intergenerational Equity Mechanism contribution is set at 0.90 points, the rates for the additional solidarity contribution are established, and the 2025 self-employed contribution tables are kept, updating the maximum base of brackets 11 and 12.
5. The obligation to file an income taxincome tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings. return (IRPF) for those receiving unemployment benefits is removed, because it created unnecessary administrative burdens and could harm tax deductions. The premium rate table for workplace accidents is also added to the Social Security Law, adapted to the new CNAE-2025 economic activity classification.
6. A new ten-year period is granted to cancel several State loans to Social Security, and an additional 10.60% contribution is set for wildland firefighters and forest and environmental agents. The rule takes effect the day of its publication in the BOE, with its main articles applying from January 1, 2026.

Who it affects

• Pensioners: Their pensions rise by 2.7% in 2026 and minimum amounts are updated.
• People receiving unemployment benefits: They no longer have to file an IRPF income tax return for that benefit.
• Companies and workers: Contribution caps, the Intergenerational Equity Mechanism contribution and the additional solidarity contribution change.
• Self-employed workers: Their 2025 contribution tables are kept and the income limit for refunds in pluriactivity is updated.
• Wildland firefighters and forest and environmental agents: An additional 10.60% contribution applies to them, split between employer and worker.

Words worth knowing

Revalorización

Increase in pensions so they do not lose value against rising prices.

Prórroga presupuestaria

If the yearly Budget is not passed, the previous budget law keeps applying.

Base de cotización

The amount on which Social Security contributions are calculated.

Pensión no contributiva

A pension for people with insufficient income, even if they have not contributed enough.

Tarifa de primas

Table of contribution rates companies pay for workplace accidents and occupational diseases.

income tax

The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries