# Pensions to rise in December after elections 15 October 2026 at 10:23 > Minister Carlos Cuerpo confirms pension increases will be approved in December once final inflation data is released on 27 November. First Vice President and Minister of Economy **Carlos Cuerpo** confirmed in a **TVE** 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 **Government** 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 **Consumer Price Index**. This revaluation rule guarantees updates based on price increases, while **SMI** changes similarly require a specific royal decree. [#Pensions]() [#CarlosCuerpo]() [#SpanishElections]() [#Inflation]() [#Economy]() ## Related news ## [Spain's pension spending to hit €200bn by 2026]() 18 October 2026 at 18:48 ## [Montse Mínguez resigns as PSOE spokesperson]() 16 October 2026 at 20:21 ## [Inflation hits 4.9% as fuel prices surge in Sept]() 14 October 2026 at 09:56 ## [Spain to announce 2027 pension rise in November]() 10 October 2026 at 08:26 ## [Spain's pension sustainability to drop by 2050]() 22 September 2026 at 08:23