{
  "id": 8792775,
  "title": "Early retirement: Social Security cuts pension by up to 21%",
  "url": "https://urgent.news/2026/09/20/jubilacion-anticipada-la-seguridad-social-recorta-hasta-el-21-de-la",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T22:33:28.000Z",
  "source": {
    "name": "Expansion ES",
    "slug": "expansion-es",
    "url": "https://www.expansion.com/economia/2026/09/21/6aad8329e5fdead6368b457b.html"
  },
  "original_language": "es",
  "account": "In Spain, workers can retire early, either voluntarily or due to circumstances beyond their control, but this comes with a permanent reduction in their pension. To be eligible, they must have a long contribution history, with 33 to 35 years of contributions required. The reduction in pension varies depending on the number of months or years of early retirement and the number of years contributed, ranging from 3.26% to 21% for voluntary early retirement and 0.5% to 30% for involuntary early retirement. As of 2027, workers can retire at 63 years old with 38 years and 6 months of contributions, or at 65 years old with fewer contributions.",
  "summary": "If the calculated final pension is below the minimum pension, Social Security will deny early retirement, and it will be necessary to wait until ordinary age.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}