When does Social Security receive the extra Christmas pay for pensioners?
Christmas is just around the corner and it is already beginning to be felt in the atmosphere. Gifts, the company of our loved ones and parties are a source of excitement for everyone. However, pensioners in Spain have another reason to feel the Christmas spirit to the surface: the arrival of extra Christmas paywhich represents significant economic relief and an injection to face expenses of these dates.
When is the extra pay collected?
According to the usual calendar of the General Treasury of Social Security (TGSS), said payment is made legally between December 1 and 4. But, in practice, most banking entities choose to advance this income so that the beneficiaries can receive the amount at the end of November.
The reason for this advance is simple, although Social Security has the formal obligation to make the deposit in the first days of December, Banks pay their customers sooner. In recent years, there was already the custom of receiving extra summer pay on dates close to the June 21-25depending on the financial institution.
Regarding the extraordinary Christmas event, some entities They advance the payment to November 21 or 22. For example, Bankinter and Unicaja Banco confirmed that on Friday, November 21 They will make November pay available to their clients along with the extra Christmas pay.
The amount to be collected
Regarding the amount, the regulations establish that pensions that are paid in 14 payments a year will see that in the month in which the extra is made they receive double the usual monthly pension. That is, the current monthly payment is added plus the extra.
It is advisable to check with which bank you have the pension domiciled, and ask specifically when the entity makes the pension income, since The advance may vary from one bank to another. For example, in June 2025, payments were recorded starting on the 21st in EVO Banco and on the 24th in CaixaBank and Santander.
