5 Minute News

Pension Increases Following the Reform

October 14, 2026

The Ministry of Labor has conducted analyses regarding the pension increases set to occur after the reform. Increases for low incomes may reach up to 50%, while those for high incomes will be minimal, with no reductions for any pensioner. For instance, a retiree with 30 years of contributions will see their pension rise from 411 euros to 577 euros. Meetings of the Labor Advisory Body are now occurring twice a week to expedite the process. The pension reform is expected to be implemented by 2027.