Social Security warning for those over 52 and receiving a subsidy

Attention! If you are one of the beneficiaries of the subsidy for older than 52 years issued by the State Public Employment Service (SEPE), you need to pay special attention.

Well, it is necessary to continue collecting aid formalize the procedure withto prove that the requirement of no own income continues to be met. We reveal all the details below.

Who can collect help

The subsidy is directed to those people who are in a unemployment situation and have exhausted unemployment benefits, which, in addition to age, must meet other conditions.

One of them is related to contributions, since in order to receive a subsidy it is necessary to make contributions to the National Institute of Social Insurance (INSS) for a longer period than six years.

Those interested in receiving assistance must also be registered in LIVING GARDEN how who are looking for work at least 12 months in the last 18 months.

The subsidy contributes to retirement

It should be taken into account that help may be available collect until reaching retirement ageyou can start receiving your pension at this time.

In addition, pension contributions are made while the subsidy is being paid, so beneficiaries can accumulate quoteswhich will be taken into account when accessing and specifying the size of the pension.

How much is charged

The size of the subsidy is equivalent 80% IPREM (public income indicator with many effects), is a measure used in Spain to set various limits and amounts of social benefits.

Given that the government has facilitated the increase of IPREM to 600 eurosthe size of the subsidy for this group reaches 480 euros monthly this year.

Avoid having your benefits taken away

Once the benefit starts being collected, you must submit an income tax return each year to confirm that your monthly income does not exceed 75% of the minimum interprofessional wage (MZP).

The process must be completed when twelve months have passed since the start of the subsidy collection and there is a submission deadline fifteen days qualified

The submission of the declaration of income and the documents that accredit it is very important, because if it is not submitted every year, the SEPE interrupts both subsidy payment and contribution.

If the income declaration is not submitted every year, the benefit is suspended

Management can be carried out through the electronic headquarters of Art Public Employment Service (SEPE)via digital certificate, electronic DNI or Cl@ve username and password.

However, there is also the option of filing the income tax return in person assistance officeby pre-registering on the SEPE website or by phone.