The regional coverage rate in Andalusia is almost six percentage points above the national average, a phenomenon explained by the region's average salaries being lower than those in the rest of the country. Nationally, the average retirement pension (1,568.46 euros) accounts for 65.25% of the average salary (2,403.80 euros) in the first quarter.
This gap between benefits and salaries has improved coverage by almost ten points over the last decade. Since 2016, pensions have been revalued by 51.2% in Spain, while salaries have grown by 31.2%. The linkage of pensions to the CPI and the entry of higher contributions have boosted maximum benefits.
Current regulations allow the benefit to be calculated based on the last 29 years of work, discarding the two worst years, compared to the previous 25 years. The increases in the Minimum Interprofessional Wage (SMI) in the last five years have mitigated previous salary stagnation.
Significant territorial differences exist: Asturias has the highest coverage rate (86.76%), with pensions of 1,835.89 euros compared to salaries of 2,115.99 euros. In contrast, the Community of Madrid has 59.08% coverage, with pensions of 1,791.95 euros and salaries of 3,033.15 euros.
Madrid leads in salary income, followed by the Basque Country (2,765.81 euros), Catalonia (2,641.81), and Navarra (2,455.33). The highest pensions are paid in the Basque Country (1,902.85 euros), Asturias, and Madrid. Extremadura (1,339.37 euros) and Galicia (1,349.51 euros) register the lowest pensions.
This socioeconomic distribution remains similar to that of ten years ago, when Asturias also led coverage (69.45%) and Galicia marked the national minimum (53.98%).
