|
|
The Government has proposed at the social dialogue table that debates the pension reform to increase social contributions by half a point to face the massive retirement of baby boomers in the coming years .
With this strategy, the meaning of the previous reform changes, which opted for a reduction in pensions to address this problem. Now the path marked is an increase in system income and not a reduction in pensions .
Pensions must be balanced
The good news in all this is that the Government plans to balance the system. When it repealed the pension sustainability factor without a plan B, it seemed like it was a simple kick forward and let the next person fix it.
However, it is important that the Social Security accounts are healthy: that income and expenses are unbalanced is the worst news there can be. It is the perfect way to destroy the system because ther Uganda Email list e comes a time when it is unsustainable and the only way out is a drastic reduction in pensions .
Now it seems that the Government did have a plan B. First it decided to eliminate the pension cuts, thus increasing spending. And now he proposes raising income with higher social contributions . This measure, as they indicate, would be temporary as long as it is necessary, but it will surely be permanent to also compensate for the deficits incurred in the last decade (when there were still no retirements of baby boomers but there was tremendous unemployment).
Therefore, the good news is that the balance of the pension system is still being sought and the deficit ball is not being allowed to swell until the State defaults , either to the pensioners or to another of the large expenditure items of the State (public employees, for example)
The rise in contributions establishes priorities
Now, with this announcement the Government establishes priorities. The contributions we pay in Spain are at the high end of what is seen in the European Union . And almost all the weight falls on the employers and not on the worker . Therefore, increasing contributions makes us even less competitive, since labor costs (which are already high in themselves) will be even more so.
There are studies that indicate that there is a correlation between social contributions paid by employers and unemployment. It is true, Spain is an outilier with unemployment even higher than other partners with a similar weight of social contributions and therefore a reform like the one proposed by the Government is even more serious. Increasing social contributions will further increase our structural unemployment and reduce GDP growth (the country's wealth).
Quotes
Data from Funcas
Therefore the Government is making a crucial decision: pensioners ahead of everything . Pensioners and their pension ahead of young people, employment and wealth creation.
Once again the young are forgotten
We are facing more of the same: pensioners are increasingly important in Spanish politics. They vote more and they are increasingly numerous. All you have to do is see what the workers were like in and now. Increasingly older and thinking about the pension instead of other issues . In there will be one pensioner for every worker .
Fcywfosxmaerzl
Source: Floren Felgueroso
The reform was on the right track, it did not prioritize pensions exclusively but rather placed limits on spending on said item. But now it is not like that. Now the limit on spending will go to other places. We prefer more unemployment and less growth in wealth than having to contain pensions. And this will also be seen in other spending items: there will be no money for birth rates, for education, to improve competitiveness. The priority is absolute: maintain pensions at all costs .
|
|
发表于 2024-2-15 17:15:22
收藏