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The pension bill in Spain has risen 4% compared to 2011 costing the state 7.444 billion according to data released by the Ministry of Employment and Social Security.
Of this amount, the monthly payroll for pensions reached more than 5 billion alone with the rest being allocated to widows pensions, permanent disability, orphans and family allowances.
Average pensions in September rose 3.4% to 950.16 per month compared to the same period of 2011.
The average pension benefit, made up of different types of pension (retirement, permanent disability, widowhood, orphanhood and family allowances), stood at 832.46 per month, representing an annual increase 3.1% at the beginning of September 2012.
Specifically, the average pension for widows in September was 602.67 per month, up 2.6%, while the permanent disability reached an average amount of 889.03 per month, an increase of 2.1 %.
Also, the average pension amounted to 366.21 per orphan, 1.8% more than in September 2011, while the family benefit rose to 486.97 per month. A rise of 2 9%.
In September 2012, the number of contributory Social Security payments totaled 8,942,282, representing an increase of 1.3% over the same month last year. Of this 5,346,074 were of retirement pensions, with a rise of 1.5% compared to September 2011, while pensions for widows 2,324,748 (+0.5%), 943,297 permanent disability (+0, 3%), 289,753 orphans (+5.7%) and 38,410 in favor of relatives (+1%).
Basque Country with the highest average pension
By region, SEVEN exceeded the national average pension, set at 832.46 per month.
Basque Country, Asturias and Madrid recorded higher average pensions, with 1028.53, 987.75 and 985.16 per month, respectively.
They were followed by Navarra (945.25), Ceuta (873.08), Aragon (867.26), Cantabria (866.62), Catalonia (860.22), Castilla y Leσn (811.28), Melilla (802.87), La Rioja (797.60), Canary Islands (780.01), Castilla-La Mancha (777.28), Valencia (764.92), Baleares (760.97) and Andalusia (759.05).
Final information in the data shows the less substantial pensions, Murcia, with an average pension of 733.07 per month, Extremadura with 705.72, and Galicia with 698.63 per month.