The Government has already publicly confirmed that it is considering increasing the period for calculating the retirement pension. The economic vice president, Nadia Calviño, recognized this on Monday after the news was published by various media. The proposal of the Minister of Inclusion, Social Security and Migrations, José Luis Escrivá, consists of progressively extending the period from 25 to 35 years, which the Executive estimates will reduce future initial pensions by 5.45% on average, according to has published El País and government sources confirm elDiario.es. Behind the average there are very heterogeneous effects depending on the workers' careers. Although this extension usually leads to a reduction in the future pension, which may harm women more, in some specific cases it could be beneficial. Above all, for people who become unemployed at the end of their working life.
Calculating the pension with the whole working life would harm women more