• Social Security: The Government assumes the 'improper expenses' of Social Security and starts rolling the pension reform

It took a little over four years, divided into up to three different legislatures, for the Toledo Pact to be able to close its recommendations to try to guarantee the future of Social Security.

This Friday, the table and the spokespersons of this commission have closed a draft, which still must be ratified next Tuesday, which includes a score of measures and among those that highlight the decision to indefinitely link

pensions to the CPI, promote delaying retirement and cleaning up the

system's

accounts

for a period of three years.

The indexation of benefits was a measure that was already adopted in the previous legislature and before United We can blow up the agreements that the Toledo Pact had reached.

Now, and despite numerous warnings from international organizations

about the imbalances it may cause

, the measure is being resumed, in line with what the Minister of Social Security, José Luis Escrivá, has announced and promised on more than one occasion.

In the aforementioned notices, it is always pointed out that important complementary measures will be necessary to face the heavy outlay.

And in this context, the Toledo Pact is committed

to making the so-called improper expenses begin to be assumed by the

General State

Budgets

(PGE).

They are, for example, the payment of certain benefits or even the expenses of officials, and the total amount of these items exceeds 20,000 million that must be assumed, progressively, by the accounts.

However, some experts, such as Jose Antonio Herce, have argued that this only means changing the problem of place.

"What we will be doing is taking the bun out

of the hot oven of Social Security to put it in the burning oven of the Budget,

" he said in a recent interview in this newspaper.

According to the criteria of The Trust Project

Know more

  • Pensions

Social Security The impact of the coronavirus on pensioners: 40,000 fewer benefits than at the beginning of the pandemic

Social Security Escrivá anticipates that pensions will be revalued with the CPI: "The agreement is about"

AIReF asks for 10 more years of contributions and retirements from the age of 66 to sustain the pension system

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