Your payslip will change in January: how much workers in Spain will lose from their salary in 2027

Workers in Spain will see a small deduction from their paychecks starting in January 2027. This is due to an annual increase designed to help fund the country’s pension system. Intergenerational Equity Mechanism (MEI) is a Social Security tax that you probably have noticed in your monthly paycheck deductions. Beginning on January 1, 2027, the employee’s share of this social security tax will…

Source