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Banco Santander Will Offer Pre-Retirement Benefits From 55 Years of Age with up to 95% of the Pension

Summary by EFE
Banco Santander will offer pre-retirements from 55 years of age with up to 95% of the pension, according to EFE sources of CC.OO.

18 Articles

Lean Right

The agreement provides for an allocation of 74 per cent of the salary for employees aged 55-57 and 76 per cent for those aged 58 and over.

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Lean Right

The final signing of the plan between the bank and the main trade unions is expected to take place early next week

·Madrid, Spain
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Lean Right

Banco Santander and the unions have reached a pre-retirement agreement this Friday that will allow employees in Spain of 55 years or more who decide to voluntarily leave the institution to receive up to 95% of the pension, as confirmed to Europa Press the head of the financial sector of Comisión Obreras (CCOO), Javier de Dios.Sources of the sector assume that the last meeting this morning will conclude with the approval of the groups of majority…

·Madrid, Spain
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Center

The unions estimate that there are between 2,500 and 3,000 departures. More information: Santander and the unions meet on Thursday to advance the pre-retirement plan

·Spain
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Lean Left

CC OO confirms the agreement reached by 86.34% of the union representation, which is pending signature.

·Madrid, Spain
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Center

The agreement, on a voluntary basis and without a specific target of exits, could attract up to a quarter of the entity's workforce over the next two and a half years

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Bias Distribution

  • 40% of the sources are Center, 40% of the sources lean Right
40% Right

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EFE broke the news in Madrid, Spain on Friday, July 17, 2026.
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