Madrid (EFE).- The Government has approved in an extraordinary Council of Ministers the last part of the pension reform, which introduces a dual model for the calculation of the pension and includes measures to increase the income of the system, improve minimum pensions and reduce the gender gap.
“The modernization of our pension system is complete and we are shielding the purchasing power of all present and future pensioners”, highlighted the Minister of Inclusion, Social Security and Migration, José Luis Escrivá, at the press conference after the council.
The reform, agreed with the European Commission and agreed with the CCOO and UGT unions, maintains the calculation period in the current 25 years until 2044, although it will also be possible to choose to calculate the pension with the last 29 years worked, discarding the 2 worst years .
Among the measures to improve income, the reform contemplates the progressive increase in the maximum contribution base (the so-called “destop”), so that between 2024 and 2050 the maximum base (4,495.50 euros per month in 2023) will rise as much as same as the CPI plus 1.2 percentage points.
In addition, it includes a solidarity quota for high salaries, which will be paid on the part of the salary that exceeds the maximum base, to which a quota of 1% will begin to be applied in 2025 that will increase until reaching 6% in 2045.