The Government has agreed with social agents a new regulatory framework for balancing work and pension in which, for To collect 100% of the pension, at least five years of active service will be required after reaching the ordinary age. retirement.
Under this agreement, current incentives can be obtained every six months starting from the second year of delaying retirement beyond the ordinary age, instead of every year as stipulated.
The agreement reached by the Minister of Social Security, Elma Saiz, with unions and employers determines that the percentages of the pension that can be received while working are the following: with a one year delay, 45% of the pension; with a two-year delay, 55%; with a three-year delay, 65%; with a four-year delay, 80%; with a five-year delay, 100%.
Among the points of the agreement, the fourth on pensions, establishes a new regulation of partial retirement and active retirement to make it more attractive and improve the compatibility of employment and pension, while an understanding has also been reached on the procedure to establish reduction coefficients from the retirement age for particularly arduous or dangerous occupations.
Saiz said that the agreement reached “is of utmost importance for pensioners of today and of the future and for the challenges of the labour market, since it puts an end to the dichotomy between worker and pensioner and adapts to the needs of each person.”
“Dialogue, listening and consensus are the only way for this Ministry to proceed and the only formula for ensuring that the agreed reforms are long-lasting and have a truly beneficial and transformative effect on society,” said Saiz.
Active retirement: full contribution career is not necessary
The objective of this reform is that workers can carry out a “more progressive and flexible” exit from the labour marketin line with surrounding countries, as well as more adapted to the conditions and situations of each worker.
So, As for active retirement, the requirement to have a full contribution career is eliminated.which makes it easier to access.
According to the partial retirement with replacement contractpartial retirement may be brought forward by up to three years (now it is two), in exchange for having 36.5 years of contributions. The reduction in working hours is between 25% and 75% of the same, compared to the current limits of between 50% and 75%. The replacement contracts that are signed, which must be maintained for at least two years after the partial retirement ends, must be permanent and full-time.
Regarding the special regulation of early partial retirement for workers in the manufacturing industrythe current framework will be extended until 2029, inclusive, which also includes some adjustments to improve the conditions of the relief worker and the design of a more balanced and flexible regulation for the company regarding the organization of the workday of the relief worker and the pensioner.
In addition, Delayed retirement is improved with the possibility of receiving a Additional incentive for every six months of delay starting from the second year and not every twelve monthswhich completes the reform process initiated in 2021, which aimed to bring the effective retirement age closer to the legal age and established a new range of options for workers regarding retirement.
Another aspect that has been advanced is the procedure to establish reduction coefficients for the retirement age for particularly arduous or dangerous occupationsThis new regulation is based, fundamentally, on determining the objective circumstances that allow for the establishment of reduction coefficients to lower the retirement age, such as the incidence, persistence and duration of medical leave processes, as well as declarations of permanent disabilities and deaths.
Discontinuous fixed
The agreement also includes improvements in the conditions of access to retirement for temporary fixed-term workers who They recover the 1.5 multiplier coefficient which was applied when calculating the waiting period for accessing the retirement, permanent disability, and death and survival pension.
Finally, a point of agreement has also been reached on the development of what was agreed in the Agreement for Employment and Collective Bargaining (AENC), in relation to the Involvement of Mutual Insurance Companies in Temporary Disability (TD), at the time of Collaborate with the Public Health Services in carrying out diagnostic tests in pathologies of origin traumatologicalwhich will always be subject to the voluntariness and consent of citizens.
In addition, social agents and the Government have made progress in opening aa line of work that allows monitoring of IT indicatorsin accordance with the provisions of the AENC, with the establishment of a control committee for the monitoring and control of these agreements and the analysis of the evolution of Temporary Disability
Self-employed
For all self-employed workers, both corporate and individual, there are new developments. For self-employed workers who maintain or create employment, the compatibility is 75% and will also increase by five points every 12 months. And sick leave will continue to correspond to the public health service.