Portal de Cieza
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On Thursday, in the conference room of the public library 'Father Salmeron' Cieza, Dr. José Francisco Bellod economics, presented a paper on the Law on Sustainability Factor and the Revaluation Index Pension System Security Social, under the title "What will happen to my pension, was articulated around to answer three question:?? what pension affects, what pensioners and what effect has to conclude by outlining an alternative to the measures advocated by the PP Mariano Rajoy.
Input, and after being presented by the coordinator of IU-Greens in Cieza, Francisco Saorín, the speaker said that this reform is attacking one of the three main legs of the welfare system, together with pensions, make the protection of children and dependents.
Dr. Bellod said the new Act, which is pending in the courts affects pensions to the widows (since these depend on the amount of the first), the orphan and the concessional family .
He also argued that affects both current and future pensioners.
At current revaluation because the system is changed from the Toledo Pact linked to annual CPI increase, and therefore future computing system of the first board, and the new system revaluation thereof.
He recalled that the current pension system contemplates that the retirement age will be between 65 and 67 years, with a gradual increase to 67 and with a regulatory basis, also in its implementation is computed progressively, from 15 25 years of contributions.
Regarding the changes sought (what effect), explained that the new law introduces what is called the 'sustainability factor', that is, to calculate the amount of the pension at the time of retirement will take into account the life expectancy of the pensioner future.
In this factual data, as an example of a person who currently retire with a pension of 1,000 euros a month, to explain that right now who is 60 years these $ 1,000 will remain in 946, if you are age 50 894, and if you have 40 years to 843.
"What will a net loss of pension to 18%."
Furthermore, with respect to the annual revaluation of the pension, said the reference CPI is eliminated, which links the evolution of pensions to changes in the economy, with an annual increase minimum of 0 is introduced for calculating a polynomial formula , 25% and maximum CPI plus 0.50%, "which in a situation like the current crisis we face and has no prospects for improving the short and medium term means in practice the falling purchasing power of pensioners ".
By focusing on our region, which will be held most affected than others by the new reform, since the average pension is between 25 and 29% below the national average.
He explained that the current deficit of the pension system is a "pittance" compared with the injection has been given to the bank: a net outlay of 37,566,000 euros, a contingent liability of EUR 105 093 000, and a loan ECB amounting to 234,812,000 euros.
From here, the speaker said that no alternative to this view of pensions going to question not only the sustainability of the pension system, but the overall sustainability of the whole economic model.
With a progressive tax system that penalizes speculation and combat tax evasion, promoting productivity, an increase in expenditure on R & D and avoiding the "bleeding talent."
He concluded his said that "the new pension reform can do much harm to future generations," after which a discussion of questions and opinions of the attendees was filed intervention.
Source: IU-verdes Cieza
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