SOCIAL SECURITY

Pension raise to amount to 3% next year

Pension raise to amount to 3% next year

The pension increase for 2024 has been determined at 3%, with the first payment in January already scheduled for just before Christmas.

This practically means that retirees will receive a national pension raised from the current 413.76 euros to €426.17 (an increase of €12.41).

At the same time, the increase will be given to the compensatory and national pension received by those who are already retired, as well as to those who have submitted or will submit a pension application for 2023.

Still, the raise is only for those who do not have a ‘personal difference,’ or their personal difference is less than the amount corresponding to +3%. 

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