Friday, January 28, 2011

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2011 Government approves draft bill on Social Security Reform

The Council of Ministers has approved the draft law on Updating, Upgrading and Modernization of the Social Security System .

The bill includes provisions of great importance affecting, among other things, the retirement age, amount of pensions, youth training, improving the minimum pension for single people, source separation, agricultural workers, self employed, Mutual of Accidents and Occupational Diseases and sustainability of the system factors.

The retirement age increases gradually until age 67, during a transitional period.

is permitted early retirement after 63 years with the reduction coefficient provided that there shall be a minimum contribution of 35 years. Exceptionally, in times of crisis, workers can retire after 61 years they have contributed for at least 34 years and six months.
Maintain partial retirement at age 61, although the contribution will complete both the worker and for the relieved reliever.
course is eliminated special retirement at age 64.
are increased incentives for voluntary prolongation of working life.

Increasing numbers of years that are taken into account in calculating the pension retirement gradually from the current 15 years to 25 years . The

traded agricultural workers employed in the Special Conditions will be incorporated into the general scheme through a system that ensures the equality of benefits. This amendment shall apply in a transitional period. The

Special Scheme for Self-Employed Over the next fifteen years, the minimum contribution bases grow similarly to the middle bases of the General, to bring the protection of both regimes.

Finally, on Mutual Accidents and Professional Diseases , the text proposes the development of a specific monitoring program for low lasting less than fifteen days, to improve the connection between the INSS and mutual .


Barcelona Jaume Prats Advocats

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