The newly started year of 2025 comes with a revaluation of benefits of 2.8% for the nearly 11 million pensioners (including civil servants of passive classes). This means almost 600 euros more per year for pensioners with an average retirement benefit. This improvement in retributions is calculated after the increase in the average inflation between December 2023 and November 2024, and will be accompanied by an increase in social contributions paid by employers and workers to cover the increase in pension costs.
Minimum pensions will increase by 6%, affecting over 2.1 million beneficiaries. This increase will reach 9.1% for pensioners with a spouse in their care and widows with family responsibilities. Non-contributory pensions, received by around half a million people, and the minimum income guarantee (IMV) will be increased by 9%, with the guaranteed annual income now set at 7,910 euros. The supplement for reducing the gender pay gap will increase by 8.1%, reaching 35.9 euros per month per child. SOVI pensions (Mandatory old-age and disability insurance) will also be increased by 6% for 2025, with non-concurrent pensions reaching 560 euros per month, and concurrent pensions reaching 543.60 euros per month.
The minimum retirement pension for single-person households is set at 12,241.6 euros per year, or 874.4 euros per month in 14 payments; and at 15,786.4 euros for cases with a dependent spouse, equivalent to 1,127.6 euros per month in 14 payments for 2025. On the other hand, the maximum pension will increase by 2.91%, reaching 3,267.6 euros per month, compared to 3,175 euros per month in 2024. Other prices that will increase or decrease in 2025 include mortgage costs decreasing while the VAT on electricity and food rises.
Overall, the revaluation of pensions in 2025 aims to improve the economic well-being of pensioners and their families by increasing the value of benefits and providing additional support for those in need. The adjustment in retributions takes into account the rise in inflation and is accompanied by an increase in social contributions to ensure the sustainability of the pension system. The increase in minimum pensions and additional supplements for specific groups such as widows or those with children aims to address potential inequalities and provide a more equitable distribution of resources among pensioners. The adjustment in pension values reflects a commitment to social welfare and the recognition of the contribution of retirees to society.
