It is the best possible reform. It may be. That does not make it a good reform. By focusing on the measures, it does not help to recover anything that has taken us away from previous pension reforms. In Hego Euskal Herria it will not be possible to retire until the age of 67, and when we do, pensions will be less than today, because the conditions for access to the pension are becoming harder and harder and because the formulas for calculating the benefit harm the worker. So what's new? In return, lower pensions will be improved.
Perhaps this reading is too fast. It may be. In any case, as agile as focusing the valuation only on those small improvements that the reform brings. Without neglecting the improvement of lower pensions, at the time of the baby boom generation’s retirement a reform has been agreed to make the cost of the public pension system “moderate”. Given that this generation is almost the only one that currently has savings capacity, the private pension business will not be affected by the improvement of minimum benefits. On the contrary, it represents a further step in the feeding of the private system, for which the public system needs to be reduced.
And for the future, little has said that at the moment the ability to measure and judge the feasibility of this reform has been left to the organisation called AIReF. The last word, therefore, is that of the European Union, and we know that this marked the limit of the public system a long time ago: it amended Article 135 of the Spanish Constitution, in summer, by the PSOE and the PP.
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