The average monthly pension under Spain’s Social Security system reached 1,372.2 euros in July 2026, a 4.6% increase compared to July 2025. Over 9.5 million beneficiaries received 10.5 million pensions totaling 14.43 billion euros. Average retirement pensions rose 4.5% to 1,573.7 euros, while widowhood pensions averaged 975.7 euros. The average retirement age increased to 65.4 years, up 1 year from 2019. Delayed retirements accounted for 11.9% of new claims, a 7.1-point rise since 2019. Over 1.6 million pensions include a gender gap supplement averaging 76.8 euros monthly. Pension processing times averaged 7.2 days for retirement claims and 8.8 days for widowhood cases.
© Ministry of Inclusion, Social Security and Migration.
Summary adapted from https://www.inclusion.gob.es
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