News on the revaluation of public pensions, SMI and other measures

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Last Saturday, December 29, the new Royal Decree-Law 28/2018, of December 28, for the revaluation of public pensions and other urgent measures in social, labor and employment matters, was published in the Official State Gazette.


This regulation includes important aspects rcs data canada modify our regulations regarding contributions to Social Security, measures in labor and employment matters, and the revaluation of public pensions.

The following infographic, explained in detail below, contains the main points of the aforementioned Royal Decree-Law, which came into force on January 1, 2019.

Important new developments in labor matters social security copy 2

Main news
Pensions and other public benefits will be revalued in 2019 in accordance with the projected Consumer Price Index (CPI).
For 2019, the maximum amount of the Social Security contribution base is raised to 4,070.10 euros per month (+7%), as well as the minimum base to 1,050 euros per month (+22.3%) – pending publication in the corresponding contribution order.
In temporary contracts with an effective duration of five days or less , the employer's contribution to Social Security for common contingencies increases from 36% to 40% . This increase does not apply to the Special System for Self-Employed Agricultural Workers.