News about the maximum retirement pension in 2019

We'll tell you about the maximum pension benefits you may be able to enjoy in your retirement
In 2018, pensions have been increased by 1.6% compared to the previous year. With this rise, what is the maximum that can be received each month? The maximum retirement pension stands at €2,659.41 per month. For its part, the minimum pension is €677.40 per month (for holders aged 65 years or over and without a spouse).
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In other cases: if a pensioner over 65 has a spouse whom they care for, they will receive €835.80 per month. In the event of severe disability, the minimum amount will be €1,253.70 per month, if the pensioner has a spouse whom they care for, and €964.40 if their spouse does not depend on their income. A widowhood pensioner with dependent relatives will receive €783.60 per month.

Effect of the CPI on the maximum pension

Although, in theory, pensions cannot go down, in the event that inflation were to rise above the approved amount at any time, pensions could fall due to a loss of purchasing power in times of crisis. Nevertheless, the agreement reached for 2018 and 2019 will ensure that, in principle, pensioners will not lose purchasing power. In addition, Social Security expenses continue to rise due to the existence of an increasing number of pensioners, which makes controlling rises in pensions difficult.
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If you need further advice, we recommend visiting your local BBVA branch. We put at your disposal all our staff, experts in financial and tax matters, to answer your questions and optimize your pension according to your preferences and needs.

Your pension at BBVA

We offer very good conditions when it comes to paying in your pension with our Va Contigo Account. But if what wish is bring it to BBVA from another company of easy way and fast, put at your disposal our Removals service (to the one which can access from bbva.es or from BBVA's app), which is responsible for carrying out the entire process conveniently, quickly and at no cost to you. Visit BBVA.es to find out more.
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