Gobierno de España. Ministerio de Inclusión, Seguridad Social y Migraciones. Secretaría de Estado de la Seguridad Social y Pensiones - Dirección General de Ordenación de la Seguridad Social
Clases Pasivas

Revaluation

 

State Pensions -as with all public pensions- are revalued according to the revaluation index established for the pensions in the corresponding General State Budgets Law or regulation

Revaluation 2021

In accordance with Law 11/2020, of 30 December, on the General State Budget for 2021 (BOE number 341, of 31/12/2020), the pensions of State Pensioners will generally increase by 0.9% in 2021 compared to the real amount in 2020.

Pensions that do not increase in 2021

Pursuant to the provisions of article 40 of the aforementioned Law 11/2020, of 30 December, on the General State Budget for the year 2021, the following civil service pensions shall not be increased:

  1. Pensions whose full amount, added, where applicable, to the full monthly value of other public pensions received by the interested party, exceeds €2,707.49 calculated on a monthly basis when the interested party is entitled to receive 14 monthly payments per year or, in other circumstances, €37,904.86 calculated on a yearly basis.
  2. Those to which the "Camineros del Estado" are entitled and earned prior to 1 January 1985, with the exception of those that represent the only pension paid to the interested party.

Maintaining the purchasing power of pensions

Beneficiaries of civil service pensions that have been revalued in 2020 will receive, before 1 April 2021 and in a single lump-sum payment, an amount equivalent to the difference between the pension received in 2020 and the amount which would have been payable if said pensions had been increased by the average annual percentage change in the Consumer Price Index for each of the months from December 2019 to November 2020 had been applied to these pensions, provided that the resulting average value is greater than 0.9 per cent.

The provisions of the above paragraph will also apply to the beneficiaries of pensions with payments beginning in 2019 which were calculated taking into account regulatory bases that may be updated in that year.

For these purposes, the public pension limit for 2020 will be 2,683.34 euros per month or 37,566.76 euros per year.

Rules for the revaluation of civil service pensions

The application of the revaluation shall be subject to the following rules:

  1. It shall be applied to pensions accrued before 1 January 2021 on the full monthly amount that the pensioner received or would have received on 31 December 2020.
  2. The amount of the pension or group of pensions paid from the Pension Credit received by the same pensioner, after applying the appropriate increase to each of them, shall be limited to the sum of 37,904.86 euros a year, including both the amount of the ordinary monthly payments and the amount of any extra payments that may be due.

In the case of widowhood pensions, increases for children shall in no case be taken into account for the purposes of applying the maximum amount established in the preceding paragraph.

In the event that one or more pensions from the civil service pensions and one or more other public pensions are paid to the same pensioner, the value of the civil service pension or pensions as a whole shall be limited to a figure equal to the full annual amount of 37,904.86 euros in proportion to the total amount of the pension or pensions received by the pensioner.

This limit (L) will be determined by applying the following formula:

                    CP

          L = ---------  x  37.904,86 euros per annum

                     T

where ‘CS’ is the full theoretical annual value reached on 31 December 2020 by the civil service pension or pensions and ‘T’ is the result of adding the full value in annual terms of the other public pensions at the same time to the above figure.

  1. Once the maximum annual limit of a pension has been established for each case and in accordance with the above rules, this limit shall be divided by the number of ordinary monthly payments and special payments which, with regard to the annuity and in accordance with the applicable legislation, the pensioners are entitled to receive, the resulting figure constituting the monthly amount to be received by the recipient of that pension in each ordinary monthly and extra payment.

Revaluation procedure

The revaluation of civil service pensions for 2021 will be carried out automatically, with economic effects from 1 January 2021, by the General Directorate of Social Security Organisation.

This shall be carried out on the basis of the data available for each pensioner as of 31 December 2020. However, in accordance with the provisions of the revised text of the Law on Civil Service Pensioners, any pensioner may be required to provide information on their financial situation for the purposes stipulated in the aforementioned law.

The revaluation shall be provisional until such time as the government verifies the appropriateness of the amount of the revaluation, depending on the other payments of the pensioner(s) and in accordance with the rules governing eligibility and incompatibility that may be applicable in each case.

If the revaluation performed previously shows that excess amounts have been received, the pensioner shall be obliged to reimburse the amount unduly received. Without prejudice to the foregoing, in the event that the interested party has made a false declaration or omitted information, they may be held liable for the corresponding penalties they may have incurred.

Special pensions due to acts of terrorisms

In accordance with the provisions of the second paragraph of Article 40(1)(a) of Law 11/2020, of 30 December, on the General State Budget for 2021, the extraordinary civil service pensions resulting from terrorist acts are exempt from the exclusionary or limiting rules laid down in the rules for updating public pensions.

In the event that, besides any of the pensions mentioned in the preceding paragraph, an individual is entitled to the payment of one or more other state pensions as at 31 December 2020, the abovementioned exclusionary or restrictive rules shall apply in respect of the latter.

Widowhood pensions review

In accordance with the provisions of Royal Decree 1413/2018, of 2 December (BOE, number 291, of 3/12/2018) widowhood pensions recognised before 4 December 2018 that meet the requirements established in article 39.3 of the consolidated text of the Law on Civil Service Pensionerswill be reviewed ex officio, except  if the person receiving the pension resides abroad or their pension has been recognised under EU Regulations on the coordination of Social Security systems or Bilateral Social Security Agreements.

The economic effects of this review shall take effect on 1 August 2018 or from the initial date of payment, whichever is later.

The increase in the civil service survivors' pensions affected by the amendment of Section 3 of Article 39 of the Revised Text of the Law on Civil Service Pensioners, made by the sixth final provision of Royal Decree-Law 28/2018, of 28 December, in force on 1 January 2019, will have economic effects from that date and will be reviewed ex officio by the competent services for its recognition.