Five Days / The ministry of Employment has finally decided to apply a steep climb to the bases for the maximum Social Security contribution from 2017 to increase the revenues of the system and can thus comply with the public deficit goal for the next year of 3.1%, according to has been able to find Five Days. The Government intends to include this measure in the decree of settings that will approve tomorrow the Council of Ministers to send to Brussels.
currently, the maximum contribution base is set for 2016 in 3.642 euros a month and all the wage income has a wage earner above that amount per month do not contribute to Social Security, which means a loss of revenue to the system.
at this juncture, policy makers are finishing these hours, the percentage by which to increase these bases from 1 January next, but all indications are that the rise could be even higher than the previous increments, extraordinary occurred in 2013 and 2014, when the maximum quota increased by 5% each year.
The rise of these bases will result in an increase of the income of Social Security will depend on the intensity of the climb that you remember. However, the measure will mean an immediate increase in the levy but, in theory, should lead to greater pension rights of future workers that are quoted for the maximum basis.
however, the Government does not now scheduled to increase proportionately the maximum pension –now set at 2.567 euros per month–, and will transmit this possibility to the work that they are doing the Toledo Pact. At present, the differential relation between the maximum pension and maximum contribution base of the system is 15% less than the first and this difference is to be expanded is expected with this measure.
The measure will affect approximately 9% of enrollees with incomes equal to or superior to those 3.642 euros per month . In particular, according to the calculations made by CC OO using the Continuous Sample of Working Lives from the Ministry of Employment and Social Security, there are approximately 1.6 million enrollees with at least one month quoted on the basis of maximum, of which 985.000 were men and 415.000 women.
In practice the greater part of this measure shall be paid for by the companies, which paid almost 30% of the gross salary of the worker to the coffers of the Social Security system. Although the workers that are quoted for the maximum basis also what you will notice in the salary because it will provide 6.25%, in the is fixed your quote, on a larger base of your salary, which now was escaping the quote.
PSOE, podemos and the trade unions CC OO and UGT, and some of the experts that have already appeared in the Toledo Pact had proposed the total removal of the maximum caps of quotation (which in the slang, labour is known as destope ). Doing that all the wages are listed, the Social Security would experience an extraordinary increase in revenue.
Different estimates consider that at present there are more than 26,000 million of wage income that are not listed as part of wages above 3.642 euros a month. In this way, if you tax these rents to the current types of contribution, will entail an increase of the income of 7.577 million euros a year.
SPAIN: Employment to implement a sharp rise to the maximum contribution base for 2017
With Information of Five Dias
http://entornointeligente.com/articulo/9332829/ESPANA-Empleo-aplicaraacute;-una-fuerte-subida-a-la-base-maacute;xima-de-cotizacioacute;n-para-2017-01122016
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