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Escrivá matures pension reform against the backdrop of social agents’ skepticism

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“When the proposal is mature enough, which is not yet, it will be presented to the social representatives.” It will happen soon, though not immediately. In the ministry led by José Luis Escriva They are working against the clock and the deadline is rushing to complete the second part Pension reform. It must be approved before December 31 to enter into force next year and meet commitments with Brussels in the Recovery, Transformation and Resilience Plan (PRTR).

Sources at the Department for Inclusion, Social Security and Migration explained that the way the new battery of measures was created was a far cry from how they worked in the previous phase, which re-linked pensions to CPI by law and scrapped these elements. of sustainability approved by the Mariano Rajoy government in 2013 to be replaced by the Intergenerational Equity Mechanism (MEI). This mechanism, which will operate until January 1, 2023, will make it possible to donate reserve funds for the first time in more than a decade with 2,793 million euros.

Pending measures

They are collecting proposals to cast A The paper on the table that “collects all sensibilities”, but they are doing so with the utmost discretion, trying to avoid the infighting and fanfare that could cloud the process. He assures that there are some significant changes and issues that are still being debated, but all in the background until negotiations begin. The executive is expected to give the green light from this phase Change in calculation period (an increase in the number of years of work counted for setting pension is planned) or Increase in maximum contribution base. Two changes raised suspicions among United We Can’s social agents and government partners.

The ministry is studying the reform of partial and active retirement, as Escriva himself recently admitted. The aim is to relieve some of the pressure on the system, especially in the coming decades (especially between 2048 and 2050, when the retirement of the majority of workers from the ‘baby boom’ generation will have the greatest economic stress). All these are forming part of the measures Preliminary discussions with unions and employers And, according to the same sources, the fact that nothing has been crossed to date means that the philosophy applied on this occasion – not working with predetermined propositions – is paying off.

Pension expenses

  • Currently expenditure on pensions is equivalent to 12% of GDP and this percentage may rise to 15.5% in 2050 according to calculations by the Ministry of Social Security.

Social agents are more skeptical and have come It is doubtful that reform will be ready in time and form. Unions are concerned about the complexity of issues pending by the government for the end of the year. Also, the Executive has so far not presented detailed or concrete proposals, which employers also regret. This fact, and the ‘piecemeal’ nature of negotiations and reforms, has been widely criticized by workers and employers’ representatives.

CCOO leader, Unai Sordo, warned Wednesday from Ceuta that The deal isn’t as close as “some want to move.” In his view, this should revolve around structural reform of social security income, including unlocking the maximum contribution base so that higher wages contribute more to the system. These measures should be complemented with a progressive revision of the maximum pension in the future.

And the skepticism of unions and employers is also due to the fact that the measures implemented in the first section of the reform do not convince one or the other. The decisions made by Minister Jose Luis Escriva to date in this regard are emphasizing this. Provide “certainty” to pensionerswho retain their purchasing power in an environment of strong volatility and very high inflation – to whose negative effects they are more sensitive than other groups of the population.

Source: lainformacion.com

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