Govt approves pension reforms

clock •

SPAIN - The Spanish government has approved the proposed pension reforms which will see the retirement age raised and the minimum contribution period increased from 12 and a half years to 15 years.

The suggested reforms, part of the ‘Proyecto de Ley de Medidas en Materia de Seguridad Social’, came out of a tripartite agreement on pension reform reached in July 2006. Last June, the Internat...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Spain

Spain

Pioneer expands Iberia team

SPAIN/PORTUGAL - Pioneer Investments has appointed Teresa Molins as senior sales manager of its institutional business in Spain and Portugal.

Jaishree Kalia
clock 03 November 2011 •
Spain

Spanish pensions reform only skin deep

Spain has used the financial crisis to reform its pensions system, yet fears run high that the changes do not go far enough, writes Toby Lewis

Toby Lewis
clock 08 March 2011 •
Spain

Spain to pass pension bill as yields continue to surge

SPAIN - The Spanish government will raise the retirement age today in a renewed bid to restore investor confidence after a €20bn ($27bn) plan to shore up savings banks failed to tame the nation's borrowing costs.

Emma Ross-Thomas at Bloomberg News
clock 28 January 2011 •
Trustpilot