Thursday, October 20, 2016

The Government argues that the retirees are charged the entire pension if they continue working – Investing.com Spain

MADRID (Reuters) – The Spanish minister of Employment functions on Thursday proposed that retirees can combine up to 100 percent of payment of your pension if you have a job, which would bring the amount from the 50 percent they can perceive currently.

“Báñez has raised a combination that pass by to encourage the prolongation of the active life of workers and increase the number of contributors. In this sense, he recalled the commitment of the Government to raise up to 100% compatibility between salary and pension,” said the Ministry of Employment in a press note about some statements made by the minister at a forum on pensions.

Báñez framed their statements within the possible solutions for the sustainability of the system in Spain, where the average pension retirement exceeds 1,000 euros and benefit 8.5 million people.

The new proposal would be directed exclusively to the retired ordinary, those who retire at 65 years of age, and not to early retirement.

Currently, retirees may combine the collection of 50 percent of your pension with a job.

The proposal would aim to encourage those over 65 to continue working, and therefore paying and financing the pension system, whose sustainability is endangered by the ageing of the population.

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