New retirees earn 1,863 euros, more than half of salaried workers
Pension spending reaches 14.539 billion euros in October and grows 28% more than the CPI despite the sharp rise in prices in recent months.
The Spanish Social Security system's pension expenditure reached 14.539 billion euros in October, increasing by 6.3% from the same month in 2025 and 28% more than the inflation rate. New retirees in the general regime received an average monthly pension of 1.863 euros in fourteen payments, which is higher than one in two salaries in Spain.
This pension amount is greater than the salaries of the six lowest deciles of income, and even after applying projected salary increases for 2025 and 2026, it remains higher than the salaries of the five lowest deciles. The new pension amount is 7.3% higher than the average pension for those already retired in the general regime.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
