Friday, November 26

Escrivá’s triple denial about the pension cut

“No no and no”. For three times, the Minister of Social Security, José Luis Escrivá, has denied that extending the period for calculating the pension would mean a cut in the amount of benefits.

Moreover, it has also come to deny that Brussels requires Spain to extend the period for calculating the pension to access the European funds.

A surprising denial, when everyone has already read a document in which the community authorities demand that Spain “enter into force of the legislation to adjust the period for calculating the pension.”

This, no matter how much Minister Escrivá tries to deny it, is equivalent to a cut in pensions.

The problem is that it is a measure with such a high electoral cost that it tries with these denials to curb the indignation of its government partners, the unions and those affected.

In January the minister already denied this expansion

He already denied this expansion of the pension calculation in January, when it was leaked that his ministry was working on it.

He even went so far as to say that the extension of the calculation period from 25 to 35 years was a measure that “has neither existed nor will exist”.

But it was known that the minister, at that time, did not tell the whole truth, because his department already had the numbers made and he was in favor of incorporating this measure, mainly because it was a requirement of Brussels.

This measure, according to Social Security data, would cut pensions by 5.45 and 6.3 percent.

Other independent studies raise that cut to 8 percent.. And in some groups, such as the self-employed, it can exceed 10 percent.

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