One of the great concerns of the Spanish is to know how their retirement pension will be, an issue that worries those people who receive a subsidy even more. For this reason, it must be taken into account that only the subsidy for people over 52 years of age is included in the retirement pension.
The subsidy for people over 52 years of age is aid that was recovered in March 2019 for the unemployed over this age, thus replacing the unemployment subsidy for people over 55 years of age that was in force until that year.
It is a benefit that the unemployed over the age of 52 can collect until their retirement age arrives or the recipient finds a job. It is a subsidy that does not take into account the level of family income to be able to access it.
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Subsidies for people over 52 years of age
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Subsidies for discontinuous permanent workers over 52 years of age whose causative event took place before March 2, 2022
The SEPE explains on its website that in both cases the contribution base is 125% of the minimum Social Security contribution ceiling in force at any given time. This percentage has also increased with the 2019 reform and has not yet been paid at 100%.
It must be taken into account that the law specifies for discontinuous fixed-term that "during a period of 60, from the date on which the right to the subsidy arose, if the beneficiary is under fifty-two years of age and has accredited, for the purposes of recognition of the subsidy, a quoted occupation period of one hundred and eighty days or more”.
Minimum Base Adjustments
That is to say, in this 2023 the minimum contribution base has remained at 1.260 after the adjustments for the retroactive increase in the Minimum Interprofessional Wage, as indicated in Order PCM/74/2023, of January 30. Thus, it will be trading while it is cleared.
In addition, it is important to know that the State Public Employment Service (SEPE) pays these contributions to Social Security and they are not deducted from the benefit, as established in article 280 of the LGSS. However, it must be taken into account that it is quoted for joy and not for other contingencies. To collect it, an annual income statement must be submitted so that the SEPE verifies that it does not exceed the minimum income required on the monthly bases.
In short, the subsidies that are quoted come to calculate the future of the regulatory base and the portico that will be taxable stops in time for access to an anticipated jubilation. On the other hand, it does not serve to meet the minimum period of years of contribution to collect the contributory pension.
