The Government will raise to the pensions a 15% if he works until the 70 years

      The Senate has approved the Law of the Reformation of the Social Security by ample majority. This way the labor life will be able extends until the 70 years and power this possibility offering increases in the pensions. On the one hand one awards the worker who take refuges on the other in this supply and in the company, since they will not have to pay the corresponding quote of the employees who continue working after the 65 years. They will be free to quote to the Social Security by these workers.

    Jesus Boiler, Social Secretary of Labor and Asuntos, presented/displayed this law in his intervention in the Conference of Aging of the UN for Europe and North America that is celebrated in Leon.

    The benefits in the pensions that the worker receives, will come through an increase of 2% from these by every worked year and if it has been more than 40 years quoted, this 2% will become a 3%. Therefore, a worker, who decides to extend his labor life until the 70 years and has been more than 40 years quoting to the Social Security, will obtain a 15% of increase in his pensions. According to Boiler the average age of retirement in Spain is increasing and many people wish that the law arrives to take refuge in her, coverall in the liberal professions.

The words of Jesus Boiler are an excellent summary of the main idea of the law:

    “We have asked to Them the Spanish citizens, through a social agreement, of social dialog, who if they want to stay in the use, over the age of retirement, can do it, obtaining important benefits… if a year works more, it will perceive a 3% more of pension, if it works two years, a 6%, if it works 3 years a 9%, thus until a maximum of increase of a 15% until the 70 years…”

    Also it is necessary to consider that the anticipated retirements are more and more important and suppose 47% of the total according to informs the Economic and Social Council. It is necessary therefore to look for solutions since following the tendencies present, the total of active populace is going to decrease dangerously in the future. Esteem that if in the UE-25 the rate of dependancy in the 2005 were of 24.9%, will go to 37.5% in the 2010 and according to EUROSTAT in the 2050 will be arrived at 50%. The arrival of immigrants has supposed a solution in the short term, but this will not serve in the medium and long term.