The Government has moved today to the social agents changes in their plan to create a finalist quote during the next 10 years to fill in the piggy bank of the pensions. Sources of social dialogue have indicated that the main novelty in the social security proposal has been to distribute the costs of such a finalist quotation between workers and companies. The new section would be 0.6% and a 0.4 will correspond to the company and 0.2% to the worker.
The proposal to create this finalist quotation as an intergenerational equity (MEI) mechanism that covers the vacuum left by the repeal of the sustainability factor last summer fell as a bomb on social dialogue last week. Entrepreneurs, who have been pointing at the weight of contributions on their activity, indicated it as a red line in the negotiations. Further regretted that social security will deliver a proposal of great draft in the barely folio and a half occupied by the draft of what will be an amendment to the Pension Reform Law, text that the Government wants to close on Monday and start at Process, at the latest, on the following Tuesday, surely after approved it in the Council of Ministers.
The unions, on the other hand, valued it positively and asked not to dramatize. Social security, it was answered that the character of its proposal is "contingent", in the sense that it has a validity at the end of which may disappear, and does not involve cutting pensions to ensure future generations system viability.
The approach consisted of adding other quotes other to ensure a new pension fund endowment in 10 years. That quotation would be 0.5% of the gross salary, which led the experts to warn that the objective does not fit with the plan. The new finalist quote would raise 17,000 million euros in the 10 years in which it would be valid, from 2023 to 2032. This volume of funds is very small if it is taken into account that it would not reach the payment of this month, which It exceeds 20,000 million euros. With the 0.6% increase that social security poses now, employers would assume most of the contribution something that also happens in quotations by common contingencies, for example, with a distribution of 23.6% and 4.7% , respectively.
"The government proposal must be improved in terms of sufficiency, filling out more income, the distribution of the additional contribution between company and working people and not predetermine the future negotiations within social dialogue," the unions CCOO and UGT have pointed out. In a joint statement.
Negotiations must continue in the coming days with the deadline of November 15, which is part of the commitment of social dialogue to reach an agreement. If there is not, the Government is committed to carrying out its proposal to incorporate it into pension reform in its parliamentary process and try to get both Congress and the Senate accelerate its processes to be in force on January 1 . If not, the Government should resort to the General Budgets of the State to comply with obligations such as the revaluation of pensions according to the CPI.
Date Of Update: 08 November 2021, 10:05
