The retirement age rises in 2023 Well, the truth is that the new Social Security legislation introduces a progressive system of two months for each year, until its definitive consolidation at age 67 in 2027, whose objective is to guarantee the retirement system long-term pensions.
Precisely in this sense, it must be taken into account that since January 1 of this year the Intergenerational Equity Mechanism entered into force with the aim of increasing the pension fund, if it were necessary to resort in an emergency. This new quota or tribute is reflected in the payroll of employees, who will see how to reduce their net salary by 2033, the date on which this model promoted by Minister José Luis Escrivá will have to be reviewed again.
How is the retirement age in 2023?
The first thing to know is that, as a general rule, since the beginning of 2013, the age of access to the retirement pension depends on two factors. First of all, the first thing to know is that, in any case, the necessary condition in all cases is to have contributed for a minimum of 15 years, and that two of them have occurred in the last 15 years before accessing the joy
To be able to retire at age 65 in 2023, you must have contributed for a minimum period of 37 years and 9 months or more. In the event that the contribution period is less than 37 years and 9 months or more, the retirement age increases to 66 years and 4 months.
How much do I lose if I retire at 63?
There are many professionals who extend their lives in the job market with the intention of collecting their full pension. However, early retirement is an option that workers who have contributed for at least 15 years can request, although this entails a series of reductions in their monthly pension payments. Specifically, some reduction coefficients are applied that penalize those people who wish to retire voluntarily, but whose agreement does not contemplate it.
To be more exact, in the case of those who retire early in 2023, you must take into account that the importation of the pension will decrease between 21% and 3.26%, depending on whether it is advanced 24 months or one month. . This is established in the latest pension reform, approved at the end of 2021, and which came into force at the beginning of 2022.