new law public funds Pensions start this second half of the year after passing the parliamentary process as a minimum. The rule aims to popularize these bulk plans. savinguntil now it was limited to large companies and depended on proprietary formats and high bank commissions. And that they make them their own, especially SMEs and self-employed. However, the spirit in which the standard was created by the Minister of Inclusion, José Luís Escrivá, clashes with the existing ignorance about them among small and medium-sized companies in their early stages.
Although the new law has been approved by the Cortes, it still lacks regulatory development and also expects to complete the insurance structure, namely the financial part of the savings mechanism. However, according to a survey till, two out of three SMEs and self-employed They say they don’t even know what a pension scheme is in Catalonia. Based on the survey data, an even greater lack of information among employees is simply 4% workers asked their management if they had such a product or service. The survey was conducted on a sample of 450 companies at the national level and 100 companies in Catalonia.
“Unlike in other countries, the culture of these collective savings schemes is very little here,” says the Pimec secretary general. , Joseph Ginesta.
this collective bargaining The new rule acts as the main gateway for these funds, as it provides a mechanism for sectoral entities to promote these public pension funds through agreements. And so companies in these industries can directly benefit from one of them and not each need to create their own industry. Also, combining different savings leads to better profitability. “If social agents don’t recognize this as an essential part in negotiating new deals, it won’t thrive,” warns the professor of economics at UB. Montserrat Guillen.
Catalan employers acknowledge the current situation of collective bargaining – given the high level of recession. inflation and salary fight– is not inclined to implement these plans and wants to “think small” to facilitate SMEs to merge under flexible terms. However, the UB professor contradicts that the rise in interest rates put forward by central banks could offset this, given that the price of money and returns on savings products will also rise. “These funds’ tax incentives are better than private ones, which promise to shift savings from individual plans to collective plans,” Guillén says.
there is a predisposition
Again, considering the data from Caser, there is a tendency and interest to benefit from these collective and public savings mechanisms that promise lower interest rates from private savings. According to these, 73% of SMEs Catalan He finds it interesting to contract savings products or services for his employees in Catalonia, which is significantly higher than the average for all of Spain, where this rate is 57%. However, despite this obvious predisposition, only 7% contracted with a long-term savings mechanism, according to the same survey.
Currently, the only sector that has signed an agreement with the unions to allocate some of the workers’ salaries and allocate them to these ‘collective piggy banks’ has been the unions. building at the state level. The resources consulted are those of less labor-intensive sectors, such as industry. offices and offices wave consultancyAs negotiation of deals goes beyond just salary or hours of work, this is more likely to generate public funds. On the other hand, in those with worse salary conditions, it is difficult for negotiators to sacrifice some of the possible salary increases in savings products.