Social and Economic Agreement signed on February 2, between the UGT and CCOO, CEOE employers' organizations and Cepyme, added to the strong support given by the parliamentary groups to the document prepared by the Toledo Pact Commission for the pension arrangement has ensured that the pension reform should begin its work having reached a compromise regarding the ages of different pensions, which are discussed below.
With respect to pension benefits, the legal right to retirement is between 63 and 67. For those who have made contributions for 38 years and 6 months, 100% retirement pension will be at 65 years. The rest will have to work until 67. Over the 65 to 67 years will be progressively from 2013, adding one month per year until 2018 and two months per year from 2019 to 2027. The increase of the contribution period of 35 years to 38 and 6 months to retire with 100% at the age of 65 years will be from 2013 at three months per year.
Regarding early retirement, workers may retire voluntarily from age 63, with a minimum of 33 years' contributions, but they apply a reduction coefficient of 7.5% per year to bring forward his retirement. Early retirement may also apply to 61 years in an economic downturn, but will require the minimum 33 years of contributions and a reduction coefficient of 7.5% which may not be less than 33% or more than 42% of the base salary. The document specifies that "keep the terms agreed before the signing of this agreement to all people with suspended or employment relationship extinct as a result of commitments made in job layoffs or through collective agreements and / or company collective agreements adopted or entered into prior to the signing of this agreement. " Is inserted in the agreement that "uniquely" is also respected as a result of agreements reached approved or entered bankruptcy proceedings prior to the pact.
Partial retirement remains at 61, but more expensive for companies which will contribute to Social Security contributions in their entirety both for reliever Agreement (relay), and for those who leave the company. The special retirement at age 64 disappears.
The calculation period of the base will rise from the current 15 years to 25. It will be progressive, at a rate of one year from 2013 to 2022. In the case of layoffs, the computer will implement longer periods to avoid damage of their contribution base at the end of their working lives. If there are gaps of contribution will be supplemented as follows: those for the first 24 months with the minimum contribution, and those that exceed that time period, with 50% of it.
addition, the referee Social Security formulas that recognize the contribution periods of 24 months preceding the computation for filling these gaps in trading, in the terms and conditions established by regulation.
will have to wait from now to the various reviews, for and against, perhaps most important are two points: one, the need to reform itself and the other, the opportunity to reform when the current crisis particularly its economic effects, but "ab initio", the generation is served. It is clear that the generation now start to draw your pension or who are already claiming they have secured their collection but had not made this reform and will worry only if they increase or decrease, but the generations born in the sixties and seventies, will be interested in this agreement / reform because if the current system is presumably not be sustainable.
Medical Writing Published in the Tuesday, February 22, 2011. Number 1403. Year VII.
With respect to pension benefits, the legal right to retirement is between 63 and 67. For those who have made contributions for 38 years and 6 months, 100% retirement pension will be at 65 years. The rest will have to work until 67. Over the 65 to 67 years will be progressively from 2013, adding one month per year until 2018 and two months per year from 2019 to 2027. The increase of the contribution period of 35 years to 38 and 6 months to retire with 100% at the age of 65 years will be from 2013 at three months per year.
Regarding early retirement, workers may retire voluntarily from age 63, with a minimum of 33 years' contributions, but they apply a reduction coefficient of 7.5% per year to bring forward his retirement. Early retirement may also apply to 61 years in an economic downturn, but will require the minimum 33 years of contributions and a reduction coefficient of 7.5% which may not be less than 33% or more than 42% of the base salary. The document specifies that "keep the terms agreed before the signing of this agreement to all people with suspended or employment relationship extinct as a result of commitments made in job layoffs or through collective agreements and / or company collective agreements adopted or entered into prior to the signing of this agreement. " Is inserted in the agreement that "uniquely" is also respected as a result of agreements reached approved or entered bankruptcy proceedings prior to the pact.
Partial retirement remains at 61, but more expensive for companies which will contribute to Social Security contributions in their entirety both for reliever Agreement (relay), and for those who leave the company. The special retirement at age 64 disappears.
The calculation period of the base will rise from the current 15 years to 25. It will be progressive, at a rate of one year from 2013 to 2022. In the case of layoffs, the computer will implement longer periods to avoid damage of their contribution base at the end of their working lives. If there are gaps of contribution will be supplemented as follows: those for the first 24 months with the minimum contribution, and those that exceed that time period, with 50% of it.
addition, the referee Social Security formulas that recognize the contribution periods of 24 months preceding the computation for filling these gaps in trading, in the terms and conditions established by regulation.
will have to wait from now to the various reviews, for and against, perhaps most important are two points: one, the need to reform itself and the other, the opportunity to reform when the current crisis particularly its economic effects, but "ab initio", the generation is served. It is clear that the generation now start to draw your pension or who are already claiming they have secured their collection but had not made this reform and will worry only if they increase or decrease, but the generations born in the sixties and seventies, will be interested in this agreement / reform because if the current system is presumably not be sustainable.
Medical Writing Published in the Tuesday, February 22, 2011. Number 1403. Year VII.
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