SpainPensions & RetirementRegulatory changes detected in official sources — tracked continuously by GovToDate's monitoring.
Last detection: 28 September 2026
What changes: The revaluation of almost 13 million pensions and benefits in 2026 is approved. The general increase will be 2.7% for pensions in the Social Security system and State Passive Classes. Minimum pensions will increase between 7% and 11.4%, and non-contributory pensions and the Minimum Vital Income by 11.4%.
What changes: Royal Decree 416/2026 is approved, regulating the legal regime for flexible retirement and other common aspects of combining contributory retirement pensions with work. The regime for deferred retirement is also modified.
What changes: Royal Decree-Law 3/2026 is approved for the revaluation of public pensions and other urgent measures in Social Security matters. The lack of approval of the General State Budget Law for 2026 implies the automatic extension of Law 31/2022, but the revaluation of pensions requires specific approval by the Government.
What changes: Royal Decree-Law 2/2023, of March 16, is approved, containing urgent measures for the expansion of pensioners' rights, the reduction of the gender gap, and the establishment of a new framework for the sustainability of the public pension system. It is part of the reforms of Component 30 of the Recovery, Transformation and Resilience Plan.
What changes: The retirement age is progressively increasing to 67 years over a 15-year transitional period, which began in 2013 and will conclude in 2027. The possibility of retiring at 65 with 100% of the pension is maintained for those who can prove a contribution period that will gradually increase to 38 years and six months.
What changes: The regulatory base, as of 2017, was calculated by dividing the contribution bases of the 240 months immediately preceding the month of the event by 280. These factors will be progressively increased until 2022, when the regulatory base will be the result of dividing the contributor's contribution bases over the last 300 months by 300.
What changes: Royal Decree-Law 11/2024, of December 23, for the improvement of the compatibility of retirement pension with work, carried out a new reform of the consolidated text of the General Law of Social Security. This reform promotes the continued employment of active workers through the adaptation and improvement of existing social, fiscal, and labor incentives, deepening the voluntary extension of worki
What changes: Royal Decree 416/2026, of May 27, regulates the legal regime of flexible retirement and other common aspects of the modalities for the compatibility of contributory retirement pensions with work, and modifies the regime of deferred retirement. This is part of the Toledo Pact's recommendation on retirement age, promoting the continued employment of active workers.
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