What are the IPREM (Multiplier for the Public Income Index) Limits?
The Multiplier for the Public Income Index (IPREM) is an index used in Spain as a reference for the granting of economic aids, grants, allowances or the unemployment benefit among others. This index was established in 2004 to replace the Minimum Wage as a reference for these aids.
The IPREM is published annually via the Budget Law, meaning we have to use the latest officially published value as a reference to determine whether our income is more than a certain number of times greater than the current IPREM.