An Expert Social Security Official Confirms This: in 2027 It Changes the Rule and It Will Take '37 Years of Contribution' to Collect 100% of the Pension Base
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5 Articles
The year 2027 will mark a new turning point for pensioners. The reform of the pension system started in 2013 will then complete its transition period and will begin to apply new conditions that will have effects both on the ordinary retirement age and on the amount of benefits. Alfonso Muñoz Cuenca, an official of ... Continue reading "An expert official of the Social Security confirms it: in 2027 changes the norm and it will take «37 years of c…
The 2011 reform culminates in 2027: Social Security will require 38 years and 6 months' contributions to retire at 65.
The ordinary retirement age will change again in Spain from 1 January 2027. The timetable set by the pension reform establishes a further increase in the ordinary age for those who have not accumulated a certain amount of years of contribution. The difference will be especially important for those who want to retire at age 65, as they will have to meet a specific requirement: that the worker has contributed 38 years and six months or more. Those…
Spanish retirement begins in 2027 in a new stage. Next January 1 ends the calendar of progressive increase of the ordinary age that began with the reform of 2011 and began to unfold in 2013: since then, the system has gradually delayed the retirement age for those who do not accumulate a retirement age [...] The entry Retirement in 2027: the age goes up to 67 years and change the calculation of the pension and the contributions appear first in F…
Getting to retirement no longer depends solely on reaching a certain age. In Spain, the time when a worker can leave his or her working life behind is also conditioned by the time he or she has paid contributions and the form of retirement to which he or she can avail himself or herself.The successive modifications of the system have changed the rules and make planning when retirement will be possible more and more important.That is why the futu…
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