hit tracker
Thursday, March 30, 2023
HomeLatest NewsThese are the benefits of having a permanent disability pension

These are the benefits of having a permanent disability pension

Date: March 30, 2023 Time: 10:56:31

When a worker sees his work capacity reduced or canceled as a result of an injury or illness, he can request the pension for permanent disability. The National Institute of Social Security (INSS) is in charge of deciding whether to recognize it or not and, for this, it takes into account several factors. You can even eliminate this social benefit due to the death of the beneficiary, suspend it or extinguish it by reviewing the declared disability or by recognizing the retirement pension when meeting the requirements for it. However, while receiving it, there are many benefits that can be enjoyed.

On January 1, 2023, the revaluation of 8.5% of contributory pensions and, therefore, of permanent disability, which receives nearly one million people in Spain, will come into force, according to data from the Government of Spain at the end of 2022. Hence, its minimum and maximum amounts have undergone various changes, which vary depending on the four degrees of disability recognized by Social Security: partial, total, absolute and severe disability.

Social Security who meet the necessary conditions for it, as long as a Medical Court validates their disability and, subsequently, they are granted the pension.

Employment benefits of permanent disability

Although, at first, it is likely that those who receive a permanent disability pension will not be able to see the positive part of this, the truth is that there are many employment advantages that can be enjoyed. The main one is that, depending on the degree of disability, you can collect the pension and do other work, as is the case with the partial one.

In the case of total disability, this is compatible with any work, except that which will be carried out. In other words, it is not possible to return to perform the profession for which the disability will occur. On the contrary, if the incapacity is absolute or severely invalid, it is not possible to work and collect the pension at the same time.

Another benefit at the employment level is that a certain number of places are reserved for people with disabilities in calls for public employment. Similarly, some private companies with 50 or more employees must set aside a minimum of 2%.

Tax benefits of this type of pension

Depending on the family unit, the degree of disability of the beneficiary or whether there are more members with disabilities in the family unit, those who receive the permanent disability pension can request different types of aid and tax benefits:

Pensioners will receive a bonus of 3,000 euros in personal income tax. Therefore, they must calculate a personal or family income of 8,500 euros. The reduction of VAT to 4% for the purchase of a vehicle, which must be used by disabled personnel. In turn, the registration tax on cars is eliminated if it is less than four years old and is not sold or transferred during the first four years. of vehicles. In the purchase of officially protected housing, they can increase subsidies in the mortgage loan and aid to pay the property down payment. They will have reduced prices in the acquisition of prescription drugs, and a greater discount in those derived from a chronic or long-term illness. The amount depends on the degree of disability, income and family unit.

Social benefits of the permanent disability pension

In addition, with the permanent disability pension, discounts and free tickets are granted to different public institutions and private companies. All information on this matter should be consulted at the Ministry of Culture, or at the company that organizes the show.

You can also access special scholarships to cover expenses such as transportation, material or studies. Depending on the type of disability, it is possible to obtain a certain percentage or all of the financial aid.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

Most Popular

Recent Comments