The 2022 Budgets include a 2.5% increase in the Iprem, key to access social assistance

The Public Indicator of Multiple Effects Income (IPREM) will rise 2.5% in 2022 after being able, for the second consecutive year, to include its revaluation in the General State Budget (PGE) for the second year in an extraordinary plenary session.

The indicator, on which the amounts of social aid, benefits and scholarships (from the minimum income to the unemployment benefit) depend, will rise for the second consecutive year after , although on this occasion half of what it increased for 2021 will do so.

With the new rise, promoted by the Ministry of Social Rights and the 2030 Agenda, the IPREM will go from the current 564.9 euros per month to 579.02 euros, 6,948.3 euros per year divided into 12 payments. For cases in which it is applied in 14 payments (for vulnerable consumers of supplies, for example), it will amount to 8,106.28 euros per year.

The rise comes with the . As indicated by the second vice president, Yolanda Díaz, the measure helps to build “the country looking at the humble people, those who need it most. It is ultimately building a fairer society that does not renounce equality.”

How the IPREM works

The IPREM was created in 2004 with the objective that aid and subsidies not related to work would stop being updated according to the minimum wage. The granting of these non-employment benefits is subordinated to the applicant’s income, so that these cannot exceed a certain number of times the IPREM, while the amount of some of these aids is calculated around this indicator.

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The updating of the IPREM depends on the Ministry of Finance, it is carried out every year in the General State Budget and, since its creation 18 years ago, set at 460.5 euros, it has experienced an increase of just over 100 euros. Between 2010 and 2020 it was quasi-frozen and barely added 4 euros in the entire decade, placing it at 537.84 euros.

In 2021, the Government raised this indicator by 5% to 564.9 euros, an increase that continues in 2022 with the increase announced this Thursday.

The Government raises the thermal social bonus by 44% for 1.27 million households

The Budget project, a record in social spending, also contemplates for next year an increase of almost 44% of the items allocated to the thermal social bonus, which will benefit 1.27 million households, as announced this Thursday by the minister of the Treasury, María Jesús Montero, at the press conference after the extraordinary Council of Ministers that gave the green light to the accounts. The minister has highlighted this “significant increase” in an “essential tool to combat energy poverty in vulnerable people”.

The thermal social bonus, he said, allows “to alleviate, together with other measures, the impact of the increase in the price of energy in the wholesale markets”, which today amounts to (MWh), 26.2% more expensive than the yesterday.

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