The government reviews pension levels annually to determine whether an adjustment is required. This assessment is based on changes in the average level of contributory salaries, which are analysed by the General Inspectorate of Social Security (IGSS).
For 2024, a revaluation factor of 1.619 was calculated, leading to a 1.5% increase in pensions as of 1 January 2026.
The adjustment is made in line with Article 225 of the Social Security Code, which aims to ensure that pension levels remain aligned with overall wage developments and economic growth.
As salaries rise in the country, pensions are adjusted accordingly.
