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This is the simulator that will tell you when you can retire and what your pension will be

Date: June 19, 2024 Time: 12:17:43

As the date close to retirement often approaches, doubts arise as to when we can actually stop working and start collecting the pension. Other common questions among people close to retirement age is to know, effectively, how much they are going to receive as a pension, since the calculations and scales depend on the years of contributions and the tax bases on which they have contributed to Social Security.

To resolve these main doubts, Social Security itself makes a useful simulator available to users that can be used easily and free of charge. This pension calculator can be found at the Social Security electronic headquarters, in the Pensions section, or the service can be accessed directly by clicking on this link.

How to use the Social Security pension simulator

In order to enter the simulator, you must indicate if you are acting on your own behalf and proceed with the procedure, always using the Cl@ve Pin or electronic identification systems allowed by the Administration.

Once identified and within the application, Social Security collects all the data associated with that worker or worker and compiles them to make an estimated calculation of at what age that person will be able to retire and with a pension. Obviously, if there are particular cases or errors, the user can always indicate them at the time of processing the retirement.

Social Security specifies that the simulator calculates the data taking into account the actual information available about the applicant on the simulation date. But, beyond that, the simulator allows the worker or worker to contemplate different scenarios that would affect the calculation of their pension, such as possible regime changes (from self-employed to someone else’s, for example), unemployment or changes in contribution bases.

When we have finished the entire procedure and we have the calculations we are looking for already done, the system proceeds to issue a PDF certificate that can be downloaded or saved if the user so wishes.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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