in spain, Subsidy for unemployed people over 52 years old It has become a mainstay for those facing economic and employment problems due to their age. It provides a lot of benefits 400,000 Spaniards every monthThis benefit provides significant support to people who, despite their best efforts, face obstacles to re-entering the labor market when they reach a certain age.
This subsidy represents a significant advance in the social protection of older people and guarantees a safety net for those who have greater difficulty finding work due to their age. Moreover, contribute to retirementIt ensures that beneficiaries are not disadvantaged in their retirement rights when they reach retirement age.
with some amount 480 euros per monthEquivalent to 80% of the Multiple Impact Public Revenue Indicator (IPREM), This support stands out as the only support that contributes to the minimum base pension with 125 percent. It is important assistance for those who have exhausted their unemployment benefits and need additional support to reach retirement with some financial stability. It was precisely this endpoint of pension contributions that led Podemos to defeat the Government’s proposed reform of this subsidy. In the Decree Law, it is envisaged that this minimum contribution will be gradually reduced and reach 105 percent in 2027. In this sense, the violet party argued that this means an economic loss for those who receive this subsidy for their retirement.
Recently, we learned that a date has already been set for the unemployment benefits negotiation table collected by the Department of Labor: January 29.
How long can people over 52 get help?
This support is not only financial aid but also a contribution to retirement contributions. Unlike other unemployment benefits, one of them over 52 years old It is collected without interruption until the beneficiary finds a job or reaches the ordinary legal retirement age. This aspect makes it unique and especially valuable to those affected.
The duration of this subsidy is until you reach the retirement age determined by the Spanish pension system. In order to retire at the age of 65 in 2024, it is necessary to have contributed for 38 years. Those who cannot reach this minimum contribution must wait until age 66 and 6 months to retire.
Allowance for citizens over 52 years of age Cannot be collected at the same time as pensionIt is very important to understand that its duration depends on the usual retirement conditions.
However, this was not always the case, as the legal reforms introduced on March 12, 2019 brought with them many changes. Before these changes, those who benefited from support over the age of 52 had to choose early retirement. So when they reached the minimum age for early retirement, they had to stop receiving benefits and collect the pension, even if it was lower. This was detrimental to many workers as they could lose money in the last part of their working lives.
The subsidy for the unemployed over 52 in Spain is a clear example of how public policies can be adapted to meet the needs of vulnerable groups in society. It provides essential assistance for those who face the difficult task of finding a job in the last period of their working lives. Additionally, by contributing to retirement, this subsidy not only provides immediate financial assistance but also contributes to the long-term financial security of beneficiaries.
Source: Informacion
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