The Minister of Social Security, Jose Luis Escrivahas announced this Thursday that his department has reached a global agreement with the European Commission for a pension reform that guarantees the sustainability of the system in the long term and that this Friday he will meet the social agents to try to close an agreement in this regard with employers and unions “in the next few days”.
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This was announced by the minister during his speech at the III Finance Observatory of El Español and Invertia. After negotiating with the European Comission, Escrivá has indicated that this Friday he will present to the social agents a scheme “that places the emphasis on making the system sustainable”, after having approved revaluing pensions according to inflation. “I cannot anticipate the elements, but I can say that the reform means the closure of the system, the sustainability of the system at all time horizons”, he said. In his proposal – he has anticipated – “we also solved an issue that has caused friction”, he added, alluding to the extension of the calculation period that will take into account the new reality of careers.
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