After a year of negotiations, the UGT and CCOO trade unions and the government have reached an agreement on the reform of pension system. Only workers who have contributed 38.5 may receive a full retirement at age 65, the rest must wait until age 67 and have contributed 37 years to receive full pension.
Finally, the Government's main objective has been met and the retirement age limit has been increased: 67 years retirement age is approved. However, this reform has many nuances and details, and gradually apply transitional periods for 14 years. That is, it is accepted that the retirement age to rise two years, but gradually between 2013 and 2027 at a rate of one and a half more per year on average. For example, in 2018 the retirement age be extended to 65 years and six months, and so on until in 2027 has been extended to 67 years. Want to know what year and at what age could retire?
The minimum number of years contribution has also been renovated, access to a contributory pension will move from the current 15-year minimum to 25 minimum contribution. But also implemented gradually. The extension of the minimum contribution period starts in 2013 and each year that passes will increase by one year until 2022. For example, December 31, 2013 the minimum contribution period is 16 years, December 31, 2014 will be 17 years, and so on.
All sections of the reform will be carried out gradually, taking a cautious transition period for adapting the current system to the new rules and for society to adapt to change also. This means that until 2027 there will be many different cases on the experience and age of retirement because personal stories are very diverse and periods of unemployment that are not listed are different for everyone. In fact, take account of weekly contributions to make more accurate the calculation.
Finally, the Government's main objective has been met and the retirement age limit has been increased: 67 years retirement age is approved. However, this reform has many nuances and details, and gradually apply transitional periods for 14 years. That is, it is accepted that the retirement age to rise two years, but gradually between 2013 and 2027 at a rate of one and a half more per year on average. For example, in 2018 the retirement age be extended to 65 years and six months, and so on until in 2027 has been extended to 67 years. Want to know what year and at what age could retire?
The minimum number of years contribution has also been renovated, access to a contributory pension will move from the current 15-year minimum to 25 minimum contribution. But also implemented gradually. The extension of the minimum contribution period starts in 2013 and each year that passes will increase by one year until 2022. For example, December 31, 2013 the minimum contribution period is 16 years, December 31, 2014 will be 17 years, and so on.
All sections of the reform will be carried out gradually, taking a cautious transition period for adapting the current system to the new rules and for society to adapt to change also. This means that until 2027 there will be many different cases on the experience and age of retirement because personal stories are very diverse and periods of unemployment that are not listed are different for everyone. In fact, take account of weekly contributions to make more accurate the calculation.
In fact, the retired population will be between 63 years (minimum age is the new approved) and 67 years. Let's see some examples: if a person started working in 1988 taking 27 years and works in a row (without any period of unemployment) for 38.5 years, then will retire on June 2026 with a mean age of 65.5 years gaining 100% of the pension. But if another person who also began working in 1988, taking the same 27 years, and in 2027 when he turns 66 years of life has only contributed 36, will have to work another year, until they are 67 years of life and 37 minimum contribution if they want to charge 100% of the benefit. This is because under the adjustments to the pension system only those who meet 67 years of life and have contributed for at least 37 years pordrán collect a full pension. Ask in the forums how it might be the case or the a relative
As a preliminary conclusion we could say that pensions are an issue directly on the profitability of age. It would be logical to say that it is more profitable for a person to start working from younger, but we could really answer the question: What is the minimum age to work?. As stated repeatedly aging population and lower birth rates test the economic sustainability of social security. Faced with this reality, the reform of the pension system will help reduce the deficit and public debt, thanks to which the European Union welcomed the reform and enforcement of a task more spiny to perform for the current government. Reform is also expected to positively influence the increase in labor.
The main exception to the 67 years approved by the reform is related to the years of contributions under arduous and dangerous occupations, which are to be determined. Other agreements detailing the extent of the changes in pensions:
minimum retirement age will go from 61 to 63 years, but with one important modification: before the worker must be unemployed to apply for this right now is more related to will of the worker. A self-employed was first recognized Once the right to early retirement on the same terms as other workers.
As a preliminary conclusion we could say that pensions are an issue directly on the profitability of age. It would be logical to say that it is more profitable for a person to start working from younger, but we could really answer the question: What is the minimum age to work?. As stated repeatedly aging population and lower birth rates test the economic sustainability of social security. Faced with this reality, the reform of the pension system will help reduce the deficit and public debt, thanks to which the European Union welcomed the reform and enforcement of a task more spiny to perform for the current government. Reform is also expected to positively influence the increase in labor.
The main exception to the 67 years approved by the reform is related to the years of contributions under arduous and dangerous occupations, which are to be determined. Other agreements detailing the extent of the changes in pensions:
minimum retirement age will go from 61 to 63 years, but with one important modification: before the worker must be unemployed to apply for this right now is more related to will of the worker. A self-employed was first recognized Once the right to early retirement on the same terms as other workers.
Mothers and trainees may credit up to 2 years of contributions, both of which have been key to reaching an agreement with the Government. Each year, anticipating retirement before age 67 the pension will be cut by 5% annually. Workers will receive bonuses of 3% (now 2%) if they decide to voluntarily extend their working life beyond 67 years and up to 70.
The agreement on pensions includes more points, which will be in the news and calling the attention of all workers. By the time we can only provide further information: Spain spends 20.9% of its Gross Domestic Product (GDP) on social protection issues, while the European Union average is 27.5% (in France is 31.1 % and in Sweden of 30.7).
Source: http://blog.infoelder.com
Posted February 3, 2011 by Julian
0 comments:
Post a Comment