From unemployment to retirement: almost half a million people receive the subsidy for those over 52 years old
Los beneficiarios se disparan hasta 466.077 tras la reforma de 2019 que redujo el requisito de edad: aumentan en un 75% las personas que se acogen a la prestación. Leer
The number of beneficiaries of Spain's unemployment subsidy for people over 52 has surged to 466,077, a 75% increase since the 2019 reform that reduced the age requirement. The Banco de España has noted that the robustness of the unemployment protection system may hinder the reintegration of job seekers into the labor market. The governor of the institution, José Luis Escrivá, cited the subsidy as a clear disincentive for beneficiaries to return to work.
The subsidy, which currently stands at 480 euros per month, can be received until the recipient reaches the legal retirement age. According to Fedea, the cost of the subsidy from 2019 to 2025 was over 7,547 million euros, and is expected to reach 15,877 million euros per year by 2030.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
