Pensioners will receive 25% more if they work part-time from August onwards
Starting August 28, pensioners who choose flexible retirement and work between 55% and 80% of the workday will be able to receive a 25% supplement on their pension. However, at least six months must have passed since their retirement to access this increase.
The Spanish government has approved a regulatory change aimed at encouraging retirees to remain linked to the labor market, compensating them with an extra increase to their pension. The measure takes effect right at the end of summer and affects both salaried workers and the self-employed.
What does the new flexible retirement regulation imply?
Conditions to receive the 25% supplement
The key change is that pensioners working between 55% and 80% of a full workday will see their pension increase by 25%. But it is not immediate: at least six months must have passed since they retired.
Thus, if a retiree with a pension of 1,600 euros returns to part-time work with a 60% workday contract, they could receive 640 euros of pension plus a 160-euro supplement, totaling 800 euros monthly while working.
Schedules and other percentages
An increase of 15% is also considered for those who work between 33% and 55% of the workday. Previously, the range was 25% to 75%, but now it has been expanded from 33% up to 80% for salaried workers.
Additionally, the waiting period has been eliminated, allowing flexible retirement to be requested at any time after the pension is recognized.
What about the self-employed and other novelties?
Inclusion of the self-employed
One of the big novelties is that self-employed workers will also be able to opt for this modality, provided they have not been registered in the self-employed regime in the three years prior to retirement.
These pensioners will be able to receive up to 25% of their pension while carrying out a compatible activity.
Improvements for early retirements
The reform also benefits those who accessed involuntary early retirement. When moving to full retirement, the contributions made during flexibility will be used to recalculate the pension and improve the amount.
A change that promises to do justice to those who had to advance their labor withdrawal.
The context and other pension supplements
Number of pensioners and average amount
The Spanish public system already has more than 10.4 million pensioners, according to Social Security data from January 2026. The average pension stands at 1,363 euros, but many receive less than the legal minimum.
That is why the minimum supplement exists, an aid that raises the pension to the established minimum but depends on the pensioner’s total income.
Other supplements and requirements
For example, those who have had children and whose pension was generated from 2016 onwards are entitled to a supplement to reduce the gender gap, which is added even if the maximum pension is exceeded.
It should be noted that if additional annual income exceeds 9,442 euros, the right to the minimum supplement is lost.
The reality is that this reform seeks for retirement to be less a full stop and more a stage with room to remain active without losing purchasing power.