- Government: Pedro Sánchez trusts pensions to a 'hawk' of spending control
- Social Security Sanchez breaches its electoral promise and freezes pensions until the Government is formed
The Government of Pedro Sánchez has applied the revaluation of 0.9% that was planned for pensions, but it keeps frozen the salary of officials who, according to the multiannual agreement, must revalue a minimum of 2% in this 2020.
"This Government thus fulfills a commitment that pensioners do not lose purchasing power and that is why we have passed a decree Law with a 0.9% revaluation. The effects of this increase will be rolled back to January 1," explained the president of the Government after the first meeting of the Council of Ministers of the new Executive.
"And in the same way, if inflation exceeds 0.9%, pensioners will receive before April next year and a payment with the difference," Sanchez continued. That is, if inflation exceeds those nine tenths, the Government undertakes to pay the difference.
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