December 3, 2020

Approved a loan of 6,330 million euros for pensions in November – The Province

Approved a loan of 6,330 million euros for pensions in November - The Province


The State has approved aloan of 6,330 million euros to the General Treasury of Social Securityforpay the November pension payroll, which includes the extra Christmas pay.

In the press conference after the Council of Ministers,the spokesperson of the Government, Isabel Celáa, has explained that theamounttotal ofthe payroll of November amounts to 18,000 million euros.

Celáa explained that in this waythe Government meets the obligations of the Social Security, always with the priority of maintaining the financial sustainability of the public pension system and guaranteeing the maintenance of the purchasing power of pensions.

He recalled thatthe socialist government found a reserve fund with 8,000 millionof euros, compared to67,000 million I had when the PP arrivedto the presidency of the Government.

.



Source link