The government meets again with the unions and employers and admits that the extension of the years to calculate the pension is beneficial for new employees
Little or no progress in the new meeting of the social dialogue table for pensions trying to reach an agreement on the two missing measures to complete the reform promised to Brussels in the recovery plan, which should be ready before the end of the year : the extension of the pension calculation period and the gradual increase of the maximum contributions.
Unions and employers went to the Ministry of Social Security with a strong rejection of the proposal presented by the government last Monday. The extension of the calculation period to 28 years that José Luis Escrivá plans to implement has led to blisters between the UGT and CC OO, who rejected this measure and announced that they will not negotiate it unless they have a guarantee that it parliamentary support to pass in Congress.
At the meeting on Thursday, the government set out some figures on the impact of the proposal on social agents. According to these calculations, the new system (from 25 to 28 years, choosing the best 28 of the 30 years for the calculation period) better protects the pensions of new entrants to the labor market against less linear career paths, which are increasingly common, the ministry said. In addition, proposals were discussed to reduce the pension gap between men and women.
The government has promised to bundle all proposals from the social partners next Thursday and has called them for a new meeting on Monday 12 December.
Source: La Verdad

I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.