When you are just a few years away from retirement, the following questions arise: Contribution over many years And among citizens with just over 10 years left before they retire from the labor market, the amount paid for security doubles. and … When your situation passes the next moment they don’t have a job,moreover.
In light of this situation, support for the elderly is 52 years old It’s unemployment benefits. Support – 480 euros per month – This is not comparable to a full-time salary, but it hides a different reality. SEPE cites them 125% SMI minimum base value. This means that the state treasury contributes more for them than for those working on the minimum wage (an additional 25% on top of what SMI workers contribute). And that doubt is even logical. For your future pension…compensate Would you collect subsidies until retirement rather than take a low-paying job? and From what time And how much salary will it take? Let’s look at some calculations.
Option 1: Keep the subsidy
The amount that beneficiaries of the elderly subsidy receive is 480 euros Those who receive more state-funded contributions each month. This social contribution is calculated based on the minimum standard of the general scheme, which is currently 1,381 euros. In other words, SEPE assumes the following: Contribution base Of these nationals, the corresponding quota applies like all workers: 1,726 euros (rate almost 30%), approximately 502 euros per month. In total, each recipient of the subsidy will receive Between aid and donations 982 euros.
Option 2: Work for less money
Another possibility is to get a job that will give you more than your future pension subsidy. I need to earn a salary for thisat least 1,165 euros The monthly amount is essentially the same as the current SMI and includes a contribution on behalf of the worker and a minimum cost estimated at €100, such as commuting costs.
The problem is that anyone who receives a salary around SMI accumulates losses. Future pension is 5% For those who collected subsidies and remained. This difference is explained by the contributions associated with benefits, which at retirement amount to a loss of approximately 112 euros per month, or approximately 27,000 euros based on a 20-year pension.
Option 3: Work for an average salary
To overcome this gap, there needs to be a turning point in wages paid for taking on work instead of subsidies. teeth Salary 1,450 euros per month. Under the current system, if a citizen aged 52 or older who is eligible for the subsidy takes up a job with a salary above that amount, their pension will be increased. If they offer you between 1,350 and 1,450 euros, You can consider it as it is the best decision economically. Also, if your salary is less than 1,350 euros, you should always think about your future retirement and the balance will tip towards subsidies.
With these numbers on the table, economists Manuel AlvarezThe author of the book Pensions: Broken Promises and an Okopen collaborator warns that subsidies for over-52s “result in a barrier to returning to work”. As he explains, the system is unbalanced. “Although the monthly aid amount is low, the state provides a very high base. Therefore, it makes sense that many beneficiaries do not take low-wage jobs. To reduce disincentives and improve the sustainability of the pension system, Alvarez proposes reforms that would include “slightly increasing aid and adjusting contributions from the minimum standard of 125% to 100%.” Fedea’s Miguel Ángel García said that in addition to calculating the cost of the benefit itself, “we also need to consider its weight for the pension system.”
in the case of self-employed It’s even bloodier because they’re taking risks. For this reason, Alvarez suggests establishing an orderly transition mechanism for subsidy beneficiaries towards self-employment. This model allows grants to be made temporarily compatible with activities, applies progressive bonuses to donations, and provides the right to restart aid in the event of failure.
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