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What is the minimum supplement for the lowest Social Security pensions

Date: June 5, 2023 Time: 07:14:14

Contributory pensions began 2023 with the revaluation of 8.5% that followed the Government of Spain at the end of 2022. inflation and higher food prices. Hence, Social Security offers the minimum supplement to those who receive the lowest amounts. But, to access it, they must meet a series of requirements.

The first thing to know is that it is a complementary amount that is added to the amount of the pension, although it must be taken into account that this is only for the contributory modality, and in the event that the minimum established is not reached legally.

The dependent body of the Ministry of Inclusion, Social Security and Migrations, led by José Luis Escrivá, guarantees minimum monthly amounts in certain benefits, which vary depending on whether the pensioner has reached a certain age and whether or not they have dependents, as long as it does not exceed the established income limit.

Requirements to receive the minimum supplement

In order to be among the beneficiaries of the minimum supplement granted by Social Security, pensioners must meet a series of requirements, which are detailed in the Electronic Office:

Have recognized a pension whose amount does not reach the minimum amount that is established annually in each Spanish case, without prejudice to what is established by international regulations applicable in this regard.

Do I have to apply for Social Security benefits?

A fundamental issue that must be taken into consideration is that pensioners do not have to request the minimum supplement, since the State grants it directly to those who receive the lowest benefits.

In addition, in the event that this type of pension was received and last year it was higher, Social Security complements it until it equals it.

Do pensioners have to report their income?

The supplements are not consolidable and are reviewed every year, so they are only maintained if the requirements that give them right are met. This means that, if the income does not exceed the necessary limits, the beneficiaries will continue to receive it without it being necessary for them to make any communication with the National Institute of Social Security (INSS), as stated in the BOE.

In which cases do they have to notify the INSS of the income?

However, there are two cases in which pensioners must notify the INSS of their income, which includes income from work, capital and economic activities and capital gains, but not the amount of the pension:

If they receive a minimum supplement with a non-dependent spouse or without a spouse, and in 2023 they have an expected income of more than 8,614 euros. In this case, they must notify the INSS to regularize the complement.

To report this income, it is not necessary to go to a branch, as it can be done through the Electronic Office, on the Tu Seguridad Social portal or, without a digital certificate, but with secure identification, on the platform for online procedures without a certificate . In addition, you can communicate by postal mail.

The Social Security management entities have the possibility of asking pensioners for a declaration of income and income to prove them, as well as their patrimonial assets and, where appropriate, the contribution of the tax declarations presented.

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

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