UGT extends PP’s support for latest pension reform that supports partial retirement

Latest pension reform takes shape. Pepe Álvarez, Secretary General of the UGT, has put forward the PP’s support for the latest pension reform, which includes Measures to promote partial and flexible retirement, Collecting wages and pensions, as well as the relief contract formula used by the industry. “I want to thank the PP, beyond other issues regarding this case, for its commitment to effectively support the latest pension agreement,” Álvarez explained in his speech.

From Genoa they believe that the content agreed by the social dialogue in the summer is in line with the defense of the PP. However, Popular sources still do not reveal the meaning of the popular constitution vote in the Congress of Deputies.The PSOE needs a simple majority in the lower house. Thus, they neither confirm nor deny the declaration made by the union leader at the Confederacy Commission held in Barcelona.

Partial retirement reform with relief

The agreement signed in the summer includes measures to harmonize wages and pensions through different retirement modalities. is one of them Extension of partial retirement with replacement contract in rest areas with validity of four yearsThis law is specific to the manufacturing industry, and will now be expanded to more sectors.

Agreement agreed in summer Partial retirement period extended from two to three years (from age 62) For workers who have 33 years of contribution and six years of seniority in the company. It maintains the possibility to reduce working days to a maximum of 75% in the last two years of partial retirement and includes a new clause that allows reductions of up to 20% and 33% in the first year. The replacement must be an employee with an indefinite, full-time contract.

The contributions of company and partial retirees will increase progressively in the following terms: 40% in 2025; 50% in 2026; 60% in 2027; According to the text, 70% in 2028 and 80% in 2029. In order to benefit from this tool the company must have at least 75% permanent contracts.

Urgent route: last resort

Last year itself, the government had approved the one-year extension of such retirement ‘to the last extent’, which is now in danger of hanging in the balance. Every year, partial retirement with relief is extended with widespread support from political groups, including a boycott of the PP.

There are two scenarios on the table right now: Extending existing legislation or accelerating recent reform with urgent royal decree To resolve a measure that is necessary for companies and unions.

He parliamentary procedure It goes first to Congress, with a presentation stage, commission and plenary session; And then to the Senate, where he follows the same path. Once this legislation is processed, if the Executive succeeds in giving it the go-ahead, the new regulation will replace an extension of the current legislation that is being reformed.

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