The decision of the government of Pedro Sánchez of link The revaluation of pensions al consumer price index (IPC), with the objective of guaranteeing the maintenance of the purchasing power of the Retireeshas penalized the coffers of the Social security By increasing pension spending. This increase has placed the payroll of pensions at 13,515.2 million euros, of which almost three quarters correspond to retirement pensions, this is 9,882.3 million.
This increase in benefits to the ipc rhythm can put the sustainability of the public pension system, experts warn, and more if one takes into account that the pensions Spanish is more empty than that of the rest of the advanced economies.
According to the study Pension Markets in Focus 2024prepared by the OECD, at the end of 2023 Spain was the country of those belonging to this organization with less money in the pension reserve fundreaching 5,578 million euros, which accounted for 0.4% of the CPI.
In the opinion of Isabel CasaresGeneral Secretary of the Pension Consultants Organization (OCOPEN), was not the right time to implement this measure, which considers “negative for the sustainability of our public pension system.” Recognizes that when approved, the government “has gotten into a dullsince now Many retirees have a pension greater than the salary they charge Many young workers And this is not normal. ”
Most young employees charge the Minimum interprofessional salary that in 2025 is in the 1,184 euros Gross per month, in 14 payments, while the average retirement pension rose in April to the 1.503,3 euros monthly.
A way to guarantee the viability of the public pension system would be reducing pension spending, but, in the opinion of Casares, “for the moment, Retirees are sacred And pensions are not going to go down. On the contrary, they will go by adjusting to the increase of the CPI ”.
Affirms that the different governments of Spain, “are the color that are”, They have poorly managed the issue of pensions, But as it is a distribution system, “if at any time there is no money to pay them, somewhere they will take it out. Public funds, you help it as you want. In fact, that situation has already been seen.”
