Social security contributions to rise for all workers in 2027

Contributions will increase in 2027: the MEI rises until 2029 and the solidarity levy extends to 2045. The measure hits high salaries hardest.

English · Original discussion in Spanish · Published

Contributions rise in 2027: the MEI tightens and the solidarity levy extends to 2045

From 2027, all workers in Spain will see their social security contributions increase. The surcharge weighs more heavily on high salaries, but no employee escapes it, because the Intergenerational Equity Mechanism (MEI), a levy deducted from paychecks since 2023, will keep rising until 2029. The solidarity levy will run until 2045.

The measure lands in an election year. Public employees have agreed a 4.5% pay rise in 2027, compared with an average 2% in 2025 and 2026, two years below inflation. That the biggest pay increase falls exactly in the election year is no small detail.

Positions clash: for some, it is the price of sustaining pensions; for others, a disguised confiscation dressed up as a contribution. There are also those who downplay it, seeing a small increase with sensationalist headlines. The same reform includes a curiosity: paid leave of up to five days for those about to become an uncle or aunt or grandparent, a friendly note amid the climb in contributions.

Meanwhile, the owner of La Sirena, José Elías, hits the nail on the head: how can someone on a 1,500-euro salary buy an apartment to rent out for 1,500. Contributions, housing and demographics form a cocktail nobody has solved.

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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (13 replies).

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