Half of workers retire before turning 65

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Although the legal age pension It will be valid from January 1, 2024 66 years 6 monthsHalf of the employees usually retire before reaching these years. With special emphasis on between womenThey work later than men. And depending on the job you do, you’re more likely to leave the labor market sooner or later. The more routine the job, the earlier the person retires. These are some of the conclusions left by the report. Autonomous University of Barcelona (UAB) was published this week.

Researcher María Andrée López Gómez It is also noted that half of the employees stopped working before turning 65, and another quarter left the labor market for any reason. disable disease. Some of this was linked to the fact of having worked demanding or strenuous jobs for decades. The study is based on the Continuous Working Life Sample (MCVL) of the Spanish Social Security and its data from 2004 to 2020, before the latest reform. pension.

The type of job is not unimportant when it comes to retirement. The UAB report finds a correlation between repeat employment and retirement age. The more it is repeated, the sooner you retire. So much so that 60% of men 48% of those with routine jobs retire before the legal retirement age qualified professionals. This rate is the same for women; because while 52% of routine employees retire before the age of 67, this rate is 38% for skilled employees.

The latest pension reform designed by the Minister of Social Security (currently in office) José Luis Escriva It aims to reduce the percentage of employees retiring before the legally established age. It aims to achieve this through greater penalties. voluntary early withdrawalas well as incentives for people who extend their working lives beyond what is strictly necessary. Including checks, it amounts to an average of 20,500 Euros.

Women take longer to retire

The UAB report suggests that women are working longer hours because it takes them longer to enter the labor market. The fact that more than half (54%, according to a survey by the Generalitat) undertake all or the majority of household work explains their subsequent entry into the labor market. “Women spend more time” free housework “Women and men who become mothers are subject to wage and employment penalties,” the researcher states.

In this sense, the academic concludes that before increasing the legal retirement age, set at 67, as countries such as France have recently proposed, the Administration should promote active employment policies that will allow people to enter the employment market earlier. They should do so under better working conditions and stay there longer before retiring, especially after they turn 50.

So obstructive public policies Part of the working population is excluded from the labor market and once his gray hair begins to show, his chances of returning are slim. According to the latest data from INE’s active population survey (EPA), four in 10 unemployed people are currently over the age of 45. In this sense, the latest pension reform includes a range of coverage for contribution differences and a more flexible calculation period aimed at minimizing this impact.

Another result of the research is that one in every four working people quit working for some reasons. Unlivable in the laboratory. A fact of particular importance for the current legislature, should the current coalition government succeed in reaffirming it. And the political program agreed between PSOE and Sumar includes a new regulation. partial retirement And aid contractto guarantee “quality in the employment of aid workers and quality taking into account the greater difficulties of carrying out certain activities” from a certain age and especially in the manufacturing industry.

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