The Toledo Pact accuses Escrivá of “lack of transparency” and of alarming retirees




Most of the political groups present in the Toledo Pact this afternoon criticized the Minister of Social Security, José Luis Escrivá, the lack of transparency of the dialogue that this department maintains with the employers and the unions about the future of pensions and the contradiction of the leaking data.

They have also asked him for explanations about the supposed reform that the Executive has presented to Brussels and that must have his approval to access the millionaire aid plans of the European Union.

Escrivá recalled that pensions will be revalued according to the CPI of the previous year and, to avoid reductions in benefits during years of negative inflation, the rates for those years will be offset over the next three years, a mechanism that will not affect compensation for minimum pensions, as confirmed this afternoon by the Minister of Inclusion, Social Security and Migrations, José Luis Escrivá, during his appearance before the commission for monitoring and evaluating the agreements of the Toledo Pact.

The minister has also reported that this formula will be open for discussion periodically, since the Government’s proposal will be that the Toledo Pact, unions and employers analyze its impact every five years.

The minister has insisted on bringing the effective retirement age closer to the legal age and has stressed that “it is desirable” that people can voluntarily extend their working lives.

For this, the ministry is discussing with the social agents the modification of the reducing coefficients of early retirement, new incentives for delayed retirement, the modification of the clauses of forced retirement and the flexibility of partial retirement.

Escrivá has stated that retirement “is a right, not an obligation” and has recognized that the incentives to extend working life are not known to the population.

To do this, they are studying giving a payment of 11,000 euros per year to those people who extend their working life, an amount that would increase by 10% for longer careers. Now, the incentives are between 2 and 4% per year. This payment could also be combined with a proportional increase in the pension.

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