US EditionPension Overhaul May Delay Retirement for Thousands in Spain
7 Articles
7 Articles
Pension overhaul may delay retirement for thousands in Spain
The OCDE (Organisation for Economic Co-operation and Development) has urged Spain to adapt its pension system to rising life expectancy, proposing that benefits be linked more closely to longevity and recommending an extension of the reference period used to calculate pensions. Specifically, the organisation suggests increasing the number of years taken into account when calculating pension… Source
The Organization for Economic Cooperation and Development (OECD) has been one of the last agencies to request a pension reform. In its economic report on Spain 2025, it considers the need to promote a reform of the system to adapt the model to demographic change, marked by an increase in life expectancy. "The Spanish system has discouraged work continuity beyond the legal age of retirement, which puts additional pressure on the system by reducin…
Oecd Advises Raising Vat to Bars and Hotels and Using It to Compensate Households with Lower Incomes
It also warns that taxes on products such as diesel and alcoholic beverages are lower than in other countries around us. More information: The OECD raises the increase in GDP to 2.9% in 2025 but calls for an increase in the calculation period for pensions and a further reduction in the deficit.
The OECD has published this Wednesday the multi-annual report in which, from time to time, it pulls the ears of the Spanish government. The previous time this document was presented was in 2023. On this occasion, the main reproaches are aimed at the lack of measures to address the cost of the aging population, which happens to reform pensions or facilitate the simplified regularization of immigrants.Continue reading...
The Spanish economy has shown a "resilient and constant growth in recent years, surpassing its European counterparts", but the "tax consolidation and structural reforms are fundamental" for this growth to be sustainable in the medium term. This is what the Organisation for Economic Cooperation and Development (OECD) says in its biennial report on Spain, published on Wednesday and that its secretary general, Mathias Cormann, has presented in Madr…
The agency considers that the latest pension reform will not be enough to pay for the ageing population and urges to reduce the tax burden on work and raise VAT and green taxes. Read
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