Download the document | Guide to retirement: the five formulas to anticipate retirement or combine salary and pension
In recent years, the Government has approved a series of Social Security reforms that have consolidated the protection of the purchasing power of pensioners by revaluing benefits by law based on the CPI, while corrective measures for expenditure have been ruled out, as was the case with previous reforms.
The Spanish government has approved a series of Social Security reforms in recent years, focusing on protecting pensioners' purchasing power and adjusting the system to cope with an ageing population. Reforms in 2011 and 2013 have had significant effects, including raising the legal retirement age to 67 by 2027. New reforms between 2021 and 2023 aimed to boost public system income to address expected increased spending.
To alleviate financial strain, authorities are promoting voluntary measures to extend working life and improve incentives for combining work and pension receipt. A guide is available to help navigate retirement options and optimize future benefits.
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.
