The National Institute of Social Security (INSS) has already recognized the Minimum Living Income (IMV) for more than 136,000 households. In this way, four months after its launch, the service already reaches more than 400,000 people, of which practically half are minor.
These households will receive in a few days the amount of this payment, the fifth paid by Social Security since the approval of this benefit. The total gross amount corresponding to October will amount to more than 158 million euros, a figure that also includes the effect of retroactivity from June in the corresponding cases.
So far, in the first four months of existence of the benefit, more than one million applications for Minimum Living Income have been received. However, of the total number of requests that have reached the INSS through the different channels, more than 40,000 files were duplicated or empty. This first purge places the valid files at 975,000.
After the regulatory adjustments in September, carried out after the first evaluation of the benefit, the processing rate has been increasing, so that currently more than half of the valid files have been analyzed. Total, more than 488,000 files have been processed by Social Security.
Of the files processed, practically two thirds (328,000) have been resolved, while another 160,000 have been asked to correct errors, such as completing the documentation. In addition, 192,000 applications have been denied, in most cases for exceeding income and equity levels. The Minister of Inclusion, Social Security and Migrations, José Luis Escrivá, has promised to carry out a new evaluation of the benefit at the beginning of next year to know the real coverage of the Minimum Income through microdata.
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