desire to achieve pension can make his last years work life one worker is made uphill. to reach retirement age in spain enjoying free time is the desire of many workersBut turning 65 is not synonymous with being. retired. There are many workers who cannot retire until they are at least 66 years old. This is because one of conditions for retirement: the years quoted.
Many people have a period. enough quotes for charging pension but they do not reach the years necessary to enjoy it. early retirementboth on a voluntary basis and through termination or dismissal.
to access pension As of 2013, it is required to be 67 or 65 years old. necessity Accrediting 38 years and 6 months of contributions Social Security. this retirement ages and contribution timewill be applied gradually, with terms originating from the following table (you can also download it here):
In summary, They won’t be able to retire until they’re 66. all workers who have Contribution less than 33 years, what’s that? minimum to receive involuntary early retirementtwo years less than it takes to be able to voluntarily retire earlyWhich Requires 35 years of contribution.
If that doesn’t reach 33 years, it won’t reach 37 years and three years. the months quotedwhich is the reference date for determining the normal age pension: Those who reach this figure can retire at age 65, the rest have to wait until age 66.
Requirements for retirement in Spain
this retirement terms these are:
- Subscribe to Social Security: in any of the designed regimens.
- Meet the minimum age: The retirement age will not always be 65. In 2027 he will be 67 years old. A transitional period was established from January 1, 2013 to 2027, during which the retirement age was gradually delayed from 65 to 67. For example, By 2021, workers aged 66 will be able to retire. you can check retirement table by years of contribution in the table above.
- Observe the minimum contribution period: In order to be entitled to premium allowance, a minimum premium payment of 15 years or 5475 days is required. You will also need to have received a minimum of 2 years of contribution in the last 15 years before applying.
- The “causal event” must have occurred What could be:
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The day when the work activity with the worker registered with social security ends.
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The day of filing the application in cases assimilated by registration.
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In cases where the application is not filed, the day the application is submitted.