Delayed retirement: 4% more pension or 12,000 euros for each year
¿Qué opción es más rentable? El jubilado tarda una media de menos de 11 años en recuperar mediante las mensualidades el importe íntegro del pago único. Leer
Spain's Social Security offers incentives for delaying retirement, known as "jubilación demorada". This can be received in three ways: as a percentage increase in pension, as a one-time payment or cheque, or a combination of both. To be eligible, one must have reached the ordinary retirement age and have at least 15 years of contributions.
The percentage increase is 4% per year of delay, with an additional 2% for periods over 6 months and under a year. A one-time payment can also be received, with an automatic 10% increase for those with over 44.5 years of contributions.
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.
