Government studies extending the pension calculation period

The Minister of Economic Affairs , Nadia Calviño , has affirmed that in the pension reform “all alternatives have to be explored”, such as extending the period of years of contributions taken into account to calculate the pension, and has pointed out could do excluding the most negative years .

Calviño has stated, in statements in La Sexta , that the approach to increasing the contribution stage to calculate the pension is a process that responds to changes in “increasingly varied” working lives with periods without contributions or job changes.

“The trend to extend the reference years is there,” said Calviño, adding that the Minister of Inclusion, José Luis Escrivá , is proposing to the social agents, for example, that workers “can exclude the years from the calculation. more negative. “

As published by El País on Monday , the Government is working on a reform text in which it indicates that the step of the calculation of benefits from 25 to 35 years will mean an average decrease of 5.5% for new pensions.

The calculation period for calculating pensions has already been extended as the pension reform of 2011 to gradually increase from 15 years to 25 years that will be reached in 2022.

The Minister of Social Security, Jose Luis Escriva, intervenes during the Control Session of the Government in the Senate, November 3, 2020. Photo: Angel Navarrete / Pool

Escrivá proposes raising the pension calculation to 35 years and opens another front with United We Can

From the Social Security, the Secretary of State for Social Security and Pensions, Israel Arroyo, has indicated that this type of measures, “as they are being contemplated”, would have a mixed effect “since many people who were affected by the crisis from 2008 on, in the final stretch of their career, they could benefit “.

It would be a question, he argues, of seeking solutions to the existence of irregular contribution careers and, he emphasizes, “it is not a reform that involves cuts for pensioners, but on the contrary, of guaranteeing the purchasing power of their pensions, which with the current regulations are not guaranteed. “

Both the Social Security and the Ministry of Economy agree that any change will be supported within the framework of political and social dialogue and will be done with the maximum consensus.

The Government, Calviño stressed, has a “firm” commitment to the revaluation of pensions and will work to make the system “stronger”.

“There is a shared objective of all the parties that should give peace of mind,” Calviño said, pointing to the recommendations of the Toledo Pact as the best starting point.

“The core of the reform is to guarantee the purchasing power of pensions, which represents an increase of almost 3 points in GDPin the medium term, and achieve the financial balance of Social Security in the short term and its long-term sustainability, “they emphasize from Social Security.

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