180° Turn in Pensions: the Change that Affects These People From This Day On

OKDIARIO

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The way in which the calculation of pensions is made in Spain is going to undergo a major change that will affect many future pensioners. Social Security has introduced a new formula that will gradually modify the number of years used to establish the regulatory base.This change, which will begin to apply from January 1, 2026, promises to alter the final amount that pensioners will receive, for good or bad, according to each individual case.So f…

laprovincia.es

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As of January 1, 2026, a fundamental change in the public pension system in Spain will enter into force: the modification of the calculation of the regulatory base. This reform, contained in Royal Decree-Law 2/2023, marks the beginning of the second phase of the well-known "Escrivá reform", and will directly affect the amount of future retirement pensions. Its objective is clear: to improve the fairness of the system and adapt it to the new labo…

Autónomos y Emprendedores

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Social Security will start a transitional period starting next year to change the formula used to calculate the pensions of the self-employed and other workers accessing retirement. According to sources consulted by this newspaper, thousands of self-employed workers, who are now less than 48 years old, could see their future pensions reduced by this amendment of the regulations. As this journal has already advanced, one of the key measures intro…