What is it and what are the requirements for accessing it?

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Although there are many people who want to achieve Retirement age, A small percentage of the population prefers to continue working. That’s why there are several retirement options that allow you to stay active in the job market. One such option is Delayed retirement.

However, for Access to late retirement There are a number of requirements that must be met for this type Voluntary retirement. We explain what these conditions are and what a late pension is.

What is late retirement?

Delayed retirement is an opportunity for workers who have reached normal retirement age to continue working. In this sense, it does not matter if they are self-employed or employed. Of course, retiring this type of pension does not mean a PensionIt’s just a legal situation that gives some benefits to those who want to keep working.

Finally, one Delayed retirement This is a situation where a worker who is already able to retire decides to extend his or her working life instead of retiring.

How much can I collect for a late retirement?

East The type of retirement does not include a pension, But also gives incentives to those who decide not to retire at a normal age. Back Labor Reform 2022The economic supplement is recognized from the moment of the possibility of using the ordinary pension for each full year of contributions.

The best thing about this labor reform is that today you can choose to “save” between incentives to raise your future retirement age, or save extra pay while a worker is late in retirement.

There is also the possibility of combining the two options. In this case the future regulatory base subscription and interest are reduced to take advantage of both benefits simultaneously.

Late retirement access requirements

In order to take advantage of this option, it is necessary to follow a number Requirements. At this time there are three conditions that must be met and these are the following:

  • Contribute for at least 15 years .Social security.
  • Did not reach 70 years.
  • Reach the minimum usual retirement age for the current year.

So if you want to continue working for a few more years even though you can claim a retirement pension, this is one of the best options you can take advantage of.

Source: El Diario

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