US EditionThe Government Pushes for a "Reversible Retirement" so that Pensioners Who Want to Get Back to Work Have It Easier
8 Articles
8 Articles
The Government plans to begin a new reform of the pension system to make it easier for those who have already retired, but want to return to work, to have more facilities to do so. The new system to be promoted has been renamed "reversible retirement", which would replace the current "flexible retirement", in force since 2002 and which the Executive sees too rigid, as the Secretary of State for Social Security and Pensions, Borja Suárez, has mov…
The government is proposing a new retirement formula to make the system more sustainable. It's called reversible retirement and is an improved version of flexible retirement. This measure allows people to return to work after retirement, whether as an employee or self-employed person, thus combining their salary with their pension. The only requirements are that their working hours must be between 40% and 80% of a full day, and they must wait a …
Borja Suárez Corujo, the Secretary of State for Social Security and Pensions, shared this new information in his appearance in Congress and today he has done so through his social networks explaining what reversible retirement will consist of. Actually, according to Corujo, reversible retirement will really be a kind of improved flexible retirement.The secretary points out that the current flexible retirement comes from a Royal Decree that was s…
The draft of this initiative proposes to raise the minimum working time required for reversible retirement from 25 per cent to 40 per cent.
It is that retirees find "return to work" attractive. Right now, so-called "flexible retirement" seems unattractive.
This reform was already on the table of the Ministry of Social Security
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