First Vice President and Minister of Economy confirmed in a interview on Thursday that pensions will not be raised before the general elections on 29 November. The decree law required for the increase will instead be approved in December.
The inflation data necessary to calculate the specific pension adjustments is due for release on 27 November. Cuerpo proposed that the update be finalised while the is in an acting capacity, ensuring that pensions rise in 2027 as legally required.
Current law, established by the progressive coalition in 2021, mandates that pensions are linked to the . This revaluation rule guarantees updates based on price increases, while changes similarly require a specific royal decree.