Likewise, PSOE, Unidas Podemos, EH Bildu and ERC have agreed that within a year the Spanish Government must undertake a reform in the amount of minimum pensions to link its evolution to that of the minimum interprofessional salary.
PSOE, United We Can, EH Bildu and ERC have agreed on a amendment to the reform of the public pension system which obliges the Spanish Government to commission a audit of Social Security income and expenses to quantify the bill of improper expenses assumed since 1967.
Thus, according to the amendment to which Europa Press has had access, the Spanish Executive must commission within a maximum period of one month from the approval of the law an audit report on income from social contributions and expenses of a contributory and non-contributory nature of the system.
This report, the amendment points out, should pay “particular attention” to the expenses that the General Law of Social Security now identifies to be financed through direct transfers by the State’s general budgets, because they are considered social policies.
The report must be made within a maximum period of six months and submitted to the Commission for monitoring and evaluation of the Toledo Pact agreements and will quantify the concepts and their financing between 1967 and 2019, both inclusive.
Linking minimum pensions with the SMI
On the other hand, the agreement between PSOE, Unidas Podemos, EH Bildu and ERC also anticipates that within a year the Spanish Government will have to undertake a reform in the amount of minimum pensions to link its evolution to that of the minimum wage (SMI).
Specifically, the approved amendment obliges the Spanish Government to undertake, within the framework of social dialogue, a review of the criteria to determine its amount in order to guarantee its sufficiency in compliance with the Constitution and the European Social Charter.
This review, the amendment concludes, must include “within a maximum period of one year the necessary regulatory changes to establish established rules regarding the evolution of minimum pensions. that take into account the evolution of the interprofessional minimum wage, guaranteeing the financial and social sustainability of the public pension system “.

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