Sat. Apr 4th, 2020

pensions will rise 0.25% if there are elections

The Toledo Pact Commission in Congress was officially constituted yesterday under electoral uncertainty and with the primary objective of closing a final agreement on the revaluation of pensions, whose bases were almost sealed last February. The Government approved in December a royal decree to update the pension to the CPI in 2018 and 2019, but left the increase for 2020 in the air, so the 0.25% index remains in force.

The monitoring committee of the public pension system has begun to doubt about the starting point of its recommendations, with opposing positions between the two major parties. While the PSOE hopes to "sign" the recommendations "parked" in February, the PP subject it to the positive evolution of the economy. On the other hand, We can demand from the Acting Executive a new royal decree law that can repeal said index and approve a revaluation formula linked to inflation. After more than two years of work, the Toledo Pact gave negotiations for broken close some recommendations that were practically agreed and that should serve to guide in the next five years a reform that would guarantee the sustainability and sufficiency of pensions, although the electoral advance frustrated these expectations.

The socialist deputy Josefa Andrés Barea will preside with the greatest uncertainty the new commission of the Toledo Pact of the XIII Legislature on the same day that the president of Congress, Meritxell Batet, met with King Felipe VI, who will start a new round of consultations on days 16 and 17 to assess the feasibility of an investiture.

The parliamentary blockade can leave in the air the wage increase for 2.5 million public officials – state, regional and municipal – and almost nine million pensioners. To them would be added 3.1 million unemployed who receive some kind of subsidy and 1.3 million workers who receive the minimum interprofessional salary. In total, almost 16 million affected.

. (tagsToTranslate) javier de antonio

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