Home » HR practices » Professional development » Legal developments » National legislation » Spain: minimum income scheme to launch Spain: minimum income scheme to launch Today, on 29 May, the Spanish government urgently approved a decree to create a guaranteed minimum income scheme that will come into force from June. The measure has been introduced to lighten the burden for 850,000 low-income households across the country and will consist of a monthly payment of at least €462 per month for an individual person. The sum can rise to as much as €1,015 per month for a family with two children. Through . Published on 29 May 2020 à 16h45 - Update on 29 May 2020 à 16h48 Resources Madrid is bolstering social protection amid the impact of Covid-19 on the country’s economy. Spain’s council of ministers approved the launch of the ‘minimum subsistence income’ (Ingreso Minimo Vital, IMV) to help the country’s most vulnerable households. The immediate application of the measure is set to be approved in the coming weeks by Parliament.… Managing the fallout of Covid-19 Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels