Madrid, Aug. 4 (EFE) .- The Minister of Finance, Cristóbla Montoro, today underlined that “whoever defrauds VAT is defrauding the lowest pensions system, the non-contributory “.
In the press conference of presentation of the general state budget of 2016 in Congress, Montoro has defended a financing of social security does not depend on contributions social, in order to guarantee pensions.
In this sense, Montoro has stressed the full commitment with the “older”.
The minister defended the separation of sources of funding for Social Security, but has admitted that there is some “misunderstanding” of the system itself by citizens.
So, stressed that the 2016 budget allocated 13,000 million euros to pensions lower “and the Spaniards are not aware.”
Montoro has indicated that the government project is to continue this division of sources for that, “in the future”, the financing of social security does not rest . only a tax on work
The Minister stressed that it is not in favor of social security contributions up because “penalize” the hiring of workers and the existing employment
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