Important announcement to workers: The change in pensions that will come in October and concerns everyone

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bear October It brings with it an important transformation that will affect the retirement of all employees. The problem is that, after a certain age, many workers begin to calculate how many years they have been contributing and how many more years they need to contribute before they can contribute. be retired.

Starting from the 1st of next October law It has been well received in all areas of work.

Right now, to get a contribution based pension pensionis necessary Contributes from 15 to 36 years. Once you reach age 15, you start taking it. minimum retirement, It varies between 7,939 and 9,260 euros per year, depending on the individual situation. When you reach the age of 36 and a half, maximum set 42,823.34 euro per year. So what will happen as of October 1? What changes will affect workers?

Several retirees in a park INFORMATION

Retirement news as of October 1

With the arrival of October, this important change will be valid for all employees. And from this date onwards, full-time and part-time job offers will be treated the same in determining the terms offered.

Under Royal Decree 2/2023, published in the Official State Gazette (BOE) on 16 March, this will form the basis for calculating pensions for retirement, disability (both permanent and temporary) and maternity or child care.

News about retirement. INFORMATION

Now, Both full-time and part-time employees will contribute the same.

What does this change mean for workers?

This will allow Get faster access to the contributions required to receive a pensionprioritizing days worked rather than stated hours.

Two retirees on a bench.

Who is affected by this new measure?

It is estimated that this update will benefit some 2 million workers with reduced or partial days. The change is just one of the government’s many efforts to raise incomes to complement the new pension system to be introduced next year.

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