Sunday, July 31, 2016

Social Security, a bottomless pit – Blasting News

A little over 20 days, the government ordered 8,700 million for the extra pay summer. Since the government of Rajoy came to power the pension fund has been reduced from just over 66,815 million euros (last date Zapatero government), to 24,207,000, a reduction of 63.2% of the Reserve Fund. The Ministry of Employment and Social Security announced that the corresponding amount has been used pension fund to respond to the payment of income tax of listed pensioners.

The Ministry of Employment states that is an exceptional refund to the need of illiquidity, noting that this amount will be repaid by the returns that the fund generates 24,207,000, a total of 25,521 million euros. The representatives of the CCOO and UGT trade unions have criticized the improvement in overall numbers of employees in the last quarter, it has not corresponded with an increase in prices. The type of contracts have not been full-time, has been a part-time replacement. # Work

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