Balearics fifth lowest for pensions

By Nicole Hallett

THE Balearics was the region with the fifth lowest average pension in June with €758.39.

This is €71.18 below the Spanish Social Security system’s average of €829.57.

However, this is a 3.3 per cent rise from June 2011.

The region with the lowest average pension was Galicia with €696.14, followed by Extremadura with €704.31 and Murcia with €730.50.

Andalucia came fourth and Valencia sixth with €757.31 and €762.17 respectively.

Seven Spanish regions, plus Ceuta, exceeded the average Spanish pension with Pais Vasco, Asturias and Madrid topping the list with €1,024.74, €984.78 and €981.51 respectively.

The average pension for the Balearics 103,639 retirees was €863.99, which represents 60.5 per cent of total pensions on the islands and is a 3.59 per cent rise compared to June 2011.
The 43,588 widowers on the islands received €542.17. The 18,680 people with permanent disabilities received €801.71, the 5,286 orphans received €323.48 each and the 139 families in special circumstances €404.40.

In the whole of Spain there were 8,902,683 pensions, which is 1.2 per cent more than June 2011.

Of these 5,314,791 were for retirees, 2,320,351 for widows, 944,794 for people with permanent disabilities, 284,522 for orphans and 38,325 for families in special circumstances.