The Social Security system has incorporated more than 153,000 pensions compared with 2014. If compared with a snapshot of 2011, there are a total of 441,300 new pensions. This has gone hand-in-hand with the sustainable growth of the global expense on pensions as a whole, which reached as high as 8% year-on-year in the prelude to the crisis in 2008.
Specifically, the average retirement pension stood at 1,022.09 euros, 2.1% higher than in the same period last year. The average pension from the Spanish Social Security system as a whole, which includes all the various types of pension available (retirement, permanent disability, widowhood, orphanhood, and those paid out to relatives), stood at 887.41 euros per month, representing a year-on-year increase of 1.8%.
The public system comprises 9,307.631 pensions in total, an increase of 1.1% on last year. 5,641.890 of these are retirement pensions, representing more than half the total, while 2,353.725 are widowhood pensions, 932,948 are permanent disability pensions, 339,946 are orphanhood pensions and 39,122 are pensions paid out to relatives.
EFE