To access retirement and collect 100% of the pension, you must have contributed 37 years and 6 months or more, once you have reached 65 years
Spain is an increasingly aging country, which is why pensions are a crucial issue for the country's future.
Many retirees or candidates to retire soon wonder what will happen to this financial aid.
Since the approval of the Law of Escrivá
andn January 1, employees who are part of the contributory system will have to reach the ordinary age, up to 66 years and two months, to receive 100% of the benefit from the State Public Employment Service(SEPE), in addition to reaching a minimum Social Security contribution.
However, there are certain groups of workers who will have to retire after the age of 66.
Employees who will not be able to retire before their 66th birthday
Those who have contribution periods of less than 33 years, the minimum amount required for early retirement for a voluntary termination of work.
Employees who have less than 37 years and six months contributed to Social Security will not be able to retire until they are 66 years and two months in 2022. Another requirement to comply with the contribution is to have worked in the period of two years in the last 15 years.
-The unemployed who receive the unemployment subsidy for those over 52 years of age, They will also not be able to reach retirement until the legal age set in 2022, since they do not lose the benefit and continue to contribute to Social Security until they reach retirement age or get a job during those years.