NEW PENSION CUTS IN SPAIN

The Ministry of Inclusion, Social Security and Migration, together with the social dialogue table, made up of Workers’ Commissions, UGT and the CEOE and Cepyme employers, have agreed on a pension reform1 that will force two more years of work, from the 64.5 years of the current retirement age to 66.5 and that will come into effect in 2024. To do this, they plan to penalize early retirement: cuts of up to 21% in ordinary early retirement and bonuses for … Continue reading NEW PENSION CUTS IN SPAIN