This is what you will get when you retire with a salary of 1,500 euros per month

This is what you will get when you retire with a salary of 1,500 euros per month

the Basis of quotationthe The years mentioned During working life and Time to retireThese are the factors that will determine What pension will the worker receive? When you leave the labor market.


Considering that, according to INEThe average salary in Spain is close to 1,500 euro Divided into 14 batches, so that… The average annual gross salary is about 25,896.82 eurosyou can try to calculate how much pension will be left for future Spanish retirees who retire at the normal age.

Assuming that the regulatory base equals the worker’s salary, initially we will have To apply different percentages according to the years mentioned.

The lowest percentage that will be obtained will be 50% of this base for those who have contributed the minimum, which is 15 years. On the other hand, to get 100% of the regulatory base, you must have contributed for at least 36 years and 6 months.


According to these calculations and put in euros, The minimum pension will be 642.86 euroswhile The maximum will be €1,285.71.

And in between, for each of the 49 months over 15 years of contribution, another 0.21% is added to the regulatory base. Then, for each of the next 209 months, the regulatory base is increased by 0.19% until the maximum of €1,285.71 is reached.

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