Escriva will encourage partial retirement to gradually reduce working hours

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The minister criticizes that in Spain, unlike other European countries, people work “full-time until the last day”, something he wants to change next year.

While the second phase of the pension reform is still under negotiation, which should be completed before the end of the year, Social Security Minister José Luis Escrivá is already thinking about the following changes he plans to make: of partial and active retirement in Spain, two modalities that carry very little weight, unlike what happens in other European countries.

His next challenge, once the pension reform is completed, is to reconvene with social actors to “turn around” partial retirement, the one that allows workers over 60 to combine their work with the collecting a pension, as well as improving the active pension, allowing self-employed people to combine their activity with the pension.

Specifically, the minister pointed out on Monday during the conference ‘The future of pensions’, organized by the newspaper 65ymás, that it is “probably logical” that the exit from the labor market is “gradual”, that is to say that older workers increase the number of hours worked. gradually reduce until full retirement, as is the case in some European countries.

“In Spain that happens much less, so that people who retire work full-time until the last day and then stop working at all,” said the former chairman of the Tax Office (Airef), who stated that his intention, as has been done with delayed retirement, to create incentives to promote partial retirement, as he acknowledged that “we probably don’t have well-designed incentives in that transition from one level to another.”

Source: La Verdad

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