How old can you start collecting your pension?
Retirement and the pension system is one of the biggest concerns for many citizens, especially in the context that Spain is going through of demographic changes and new work realities. As the population ages and life expectancy increases, the Government seeks adapt retirement models to ensure their sustainability in the future and offer economic security to future pensioners. Starting on January 1, 2026, an important change will occur that will affect the retirement of Spaniards.
Change in retirement age for 2026
The retirement age usually changes over the years and this one that is about to enter is not going to be different. While in 2025 this was 66 years and 8 months, starting in 2026 the age of ordinary retirement will be delayed two monthsso it can be done to the 66 years and 10 months in case you have less than 38 years and 3 months of contributions. However, for people who have a long working life and exceed the contribution scale, in 2026 they will be able to continue retiring at age 65.
In addition, starting in 2026 there will be other structural changes related to the pension system. For example, it will be when a dual system comes into force calculation that will allow retirees to automatically choose which is the most favorable formula to determine their regulatory base. It is also planned revalue minimum pensions so that in 2027 they approach European standards and reduce poverty among older people.
These are the estimates of the gross monthly amounts for 2026 according to the type of benefit, according to Social Security data and revaluation projections:
