Spain: Spending On Pensions Reached A Record 10.81 Billion Euros In May, Up 4.8% - News Summed Up

Spain: Spending On Pensions Reached A Record 10.81 Billion Euros In May, Up 4.8%


1,826.9 million euros were allocated to widowhood pensions, almost 5% more than a year ago, while 985.2 million euros (+4.6%) were allocated to permanent disability benefits. The payment of orphan’s benefits amounted to 149.8 million euros (+5.2%), and benefits in favour of family members totalled 28.2 million euros (+8.1%). Of the total number of pensions received, more than 6.23 million were retirement pensions; 2.34 million were widow’s pensions; 951,469 were permanent disability pensions; 341,631 were orphan’s pensions; and 44,375 were pensions in favour of family members. The average retirement pension reached 1,254.4 euros per month in May, 5.6% more than in the same month last year. In the Coal Mining Scheme, the average retirement pension is 2,448.4 euros per month and in the Maritime Scheme, 1,392.4 euros.


Source: Washington Post May 29, 2022 23:12 UTC



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