The situation in Spain unemployed is about to undergo a significant change. with 1,766,424 beneficiaries unemployment benefitIt is crucial to understand how new government reforms will affect those dependent on these subsidies. The Spanish Government made the following decision with the agreement it made with Brussels: Changing the unemployment benefit payment structureWith the aim of encouraging active job search among the unemployed in Spain.
Gradual change in the amount of unemployment benefits
Amount currently received unemployment benefitAfter the contribution is consumed, it is 80% of the Multiple Impact Public Income Indicator (IPREM), which is equivalent to around 480 euros per month in 2023. However, according to the new program, the payment method will change, although the total amount received will remain the same: Unemployed people in Spain will receive more money at first, but the amount will gradually decrease over time. This strategy is designed to encourage unemployment benefit beneficiaries to participate in the labor market.
Work while receiving unemployment benefits
A remarkable reform unemployment benefit There is a possibility that unemployed people in Spain will continue to receive this subsidy while working, even full-time. This adjustment will be made on a decreasing basis and will serve as a complement to the salary. However, this requires adjustments to personal income tax, as the income will come from two sources: State Public Employment Service (BASKET) and employer. This can lead to a higher annual tax return contribution and a lower income threshold for filing.
European examples and job search
This model is already in force in most European countries and is a recommendation of the Council of Europe. OECD. There are two main ways to implement this: a very gradual reduction of the amount, as in Italy, or more significant reductions, as in Germany. Both approaches aim to encourage the unemployed in Spain to reintegrate into the labor market, as reducing the subsidy increases the incentive to find work.
Alternative for the unemployed in Spain: Minimum Vital Income
Spain has a Minimum Vital Income (IMV) for unemployed people who cannot find work. this help Social Security It guarantees a minimum income for the most vulnerable groups, including those who have difficulty returning to the labor market. The main requirement is to demonstrate economic vulnerability, with income thresholds varying according to family type.
These changes to unemployment benefits are an important step in Spain’s economic strategy They are trying to strike a balance between providing financial support to the unemployed and motivating them to effectively reintegrate into the world of work. For current and future beneficiaries unemployment benefit in spainIt’s important to be aware of these changes and plan accordingly, as these adjustments can have a significant impact on your financial and professional situation.
Source: Informacion
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