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State pension

The contributory retirement pension is worked out in two steps: a base reguladora, which averages a slice of your contribution bases, and a percentage that depends on the months you have contributed. Both rules are mid-transition, and the two transitions do not end in the same year. This page brings them together as they stand in 2026.

The two steps

First the base reguladora: the average of the 302 highest contribution bases from the last 304 months, divided by 352,33. Then the percentage: 50 % at 15 years, rising month by month to 100 % at 36 years and 6 months.

Legal basis: Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), disposición transitoria cuadragésima; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 209.1; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 209.1.c); Real Decreto-ley 3/2026, de 3 de febrero, art. 1 (in force 01.01.2026 - 31.12.2026)

Legal basis: Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), disposición transitoria novena; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 210.1.b); Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 210.1.a) (in force 01.01.2026 - 31.12.2026)

When you can retire

In 2026, at 65 years if you have 38 years and 3 months of contributions, and at 66 years and 10 months if you do not.

Legal basis: Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), disposición transitoria séptima (in force 01.01.2026 - 31.12.2026)

Early retirement

  • Jubilación anticipada por voluntad del interesado — up to 2 years early, with a minimum of 35 years contributed. The reduction is read from a table of 24 rows and 4 contribution bands; it is not a per-month rate.
  • Jubilación anticipada por causa no imputable al trabajador — up to 4 years early, with a minimum of 33 years contributed. The reduction is read from a table of 48 rows and 4 contribution bands; it is not a per-month rate.

Legal basis: Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 208; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 208.1.a); Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 208.1.b); Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 208.2; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 208.1.c) y 208.3; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 207; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 207.1.a); Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 207.1.c); Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 207.2; Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), art. 207.1 + art. 210.4 (in force 01.01.2026 - 31.12.2026)

There are also regimes that lower the age for certain occupations or for disability. This page names them but does not quantify their coefficients.

Legal basis: Real Decreto Legislativo 8/2015 (texto refundido de la LGSS), arts. 206 y 206 bis (in force 01.01.2026 - 31.12.2026)