The Minimum Basic Income reaches 2,050,000 people living in 674,000 households in December

The Minimum Basic Income (IMV) reached 673,729 households in December in which 2,047,755 people live, according to statistics published by the National Institute of the Social Security (INSS). The average amount of the benefit is 470.7 euros per month per household and, overall, this month amounted to 352.1 million euros.

In December, there are 141,519 more active benefits than there were a year ago in the same period, an increase of 26.6%. There are 465,972 more beneficiaries living in these households than in December 2023 (+29.5%).

Cumulatively, since June 2020, when this benefit was launched at the height of the pandemic, the IMV has reached 943,620 households and protected the 2,805,670 people in them. More than 1.2 million of them are children and adolescents, 1,219,583, or 43.5% of the total.

Since this policy came into force, the Social Security has allocated 13.357 billion euros to paying this benefit.

Minors

The IMV is a benefit aimed at preventing the risk of poverty and social exclusion of people who live alone or are integrated in a cohabitation unit and lack the basic economic resources. In addition, tackling child poverty is one of its main objectives.

Minors (459,667) live in 68.2% of the cohabitation units receiving this benefit in December. Among them, there are 116,347 single-parent households. If we look at the profile of the beneficiaries, 41.1% are minors: 842,035.

If the statistics are broken down by means of access to the benefit, it can be seen that the number of households receiving Child Benefit Supplement (IMV Completo and IMV-CAPI) this month is 472,604. This form of IMV amounts to 115 euros per household per month for children aged 0-3; 80.5 euros per month for each child aged 3-6 and 57.5 euros per month for each child aged 6-18 years. The average amount of the supplement this month was 69.72 euros per child and 129.75 euros per household with children.

IMV beneficiaries are also characterised by a strong female profile. In December, 67.4% of the holders and 53.5% of the beneficiaries were women.

On the other hand, 82.4% of all holders are of Spanish nationality and their average age is 45.3 years old.

Special protection for those affected by the DANA

To respond to the particularly vulnerable situation of the beneficiaries of the IMV in the localities affected by the DANA, a special supplement of 15% has been automatically applied to their allowance. In addition, the Child Allowance has been increased by an additional 30%.

The 15% increase also applies to non-contributory pensions and will also benefit IMV applications that have already been submitted in these localities and have not been resolved, and those applied for before 31 December 2024, as long as the requirements are met.

The management and accompaniment of the most vulnerable groups affected by the DANA has also been reinforced and 1,400 new applications have been favourably resolved since 29 October.

On the other hand, the application for the IMV due to supervening poverty has been brought forward, which can be submitted from 1 January, whereas the usual period begins in April. For the approval of these applications, the situation of the last three months is taken into account, which can be of particular benefit to those affected by the cold snap at the end of October.

It should be remembered that all IMV beneficiaries have the short telephone number 020 available where information on this subsidy is provided, a channel that has been reinforced with a 40% increase in its staff.

Transfer to IMV from unemployment benefits

Since last November, unemployment benefit recipients who have exhausted their unemployment benefit without finding a job have been able to move on to receive the IMV thanks to a new procedure that regulates this transition. Those who meet the established requirements do not have to apply or provide additional documentation.

During the quarter prior to the exhaustion of the unemployment benefit, the SEPE informs the beneficiary about the possibility of submitting their data and those of their family unit, in order to process the IMV benefit. To do so, the beneficiary must give their consent and, where appropriate, sign a declaration that they have the consent of the members of their family unit.

In situations where this procedure cannot be used, or where citizens have not given their consent, they can submit their application in a very simple way on the new INSS portal, by post or at the Social Security Information and Assistance Centres (CAISS).

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