"In 2022, more than seven out of every 10 Social Security old-age pensions were below the national minimum wage", revealed Pordata, in a post shared on X.

This year, the minimum monthly value of Social Security old-age and disability pensions is €319.49 and €191.69 for survivors' pensions.

The ordinance that carried out the annual update of pensions for the year 2024 established "increases of 6%, for pensions with an amount equal to or less than (euro) 1,018.52", "5.65%, for pensions with an amount greater to (euro) 1,018.52 and equal to or less than (euro) 3,055.56" and "5% for pensions worth more than (euro) 3,055.56".

Pensions worth more than 6,111.12 euros are not subject to updating.