In the electoral program the Socialists are submitting for the general election on 23-J this Friday, the PSOE seeks to protect the purchasing power of all pensions by linking it to the Consumer Price Index, through the Constitution. Moreover, Socialists are also committed to continuing to replenish the retirement piggy bank to ensure long-term sustainability. and to maintain reasonable pensions for future generations. They promise to donate more than 20,000 million euros to the Social Security Reserve Fund in 2027.
“We will regain the centrality” Social Security Reserve Fund with contributions from the equity mechanism “Intergenerational and predictable surpluses of the system in the coming years” provide assurance in the election program. Moreover, to strengthen their effectiveness in reducing poverty and an increase will be created as a complement to the CPI gender gap plus an additional 10% in 2026-2027.
For this reason, 10% increase in additional amount to reduce gender gap planned for 2024-2025 2026-2027 another 10% will be completed every two years.
New early partial retirement formula
Socialists also promise developing new ways partial and active retirement to provide more flexibility and better opportunities for gradual and voluntary exit from the labor market. In particular, the PSOE will approve if it administers a new formula for early partial retirement that preserves the employment quality of aid workers with uncertain contracts and that certain activities (in many cases strongly feminized) from a certain age.
They also plan to complete the early retirement arrangement for particularly difficult or painful professional activities, with special emphasis on the gender dimension. For the birth or adoption of each child, each parent is given a one-year contribution period.this will result in your future pension.
In addition, the Socialists, continuing the full implementation of the recommendations of the Toledo Pact, paid orphan’s pensions and improve widows’ pensions for vulnerable widows.