PSOE and United We can join ERC, PNV, Junts and PDeCAT, while the PP, Vox and Cs vote against and EH Bildu abstains. It recovers the CPI, compensates with more contributions the end of the sustainability factor and consecrates the transfer of improper expenses to the State.
The Plenary of Congress has approved this Thursday the first part of the reform of pensions proposed by the Spanish Government, repealing the central elements designed by the PP in 2013 and imposing the return to the CPI as a reference to revalue the benefits and the end of the sustainability factor, which has not come into force.
The bill has been approved with the votes of the PSOE, Unidas Podemos, Esquerra Republicana, PNV, PDeCAT, Junts, Más País-Equo, Compromis, Nueva Canarias, Teruel Existe and the PRC.
The PP, Vox, Ciudadanos, the CUP, UPN, Canary Coalition, Asturias Forum and the BNG have voted against, while EH Bildu has abstained.
At the end of the vote, the last one after more than nine hours of plenary session, the PSOE bench and United We Can have risen to applaud and before leaving the Hemicycle the President of the Spanish Government, Pedro Sanchez, who has come to vote with several of its ministers, has approached its Minister of Inclusion, Migration and Social Security, Jose Luis Escrivá, to shake hands and congratulate you.
Hereinafter, the reform passes to be processed in the Senate, where it must complete its processing and, in case of variations, these changes must be voted on again in Congress, which has the last word.
After the debate in the Plenary of Congress, the Minister of Inclusion, Migration and Social Security, José Luis Escrivá, has claimed that this reform “is born from consensus and through consensus”, based on the recommendations of the Toledo Pact approved ago just one year, “ambitious and meticulous”, and for that reason it has justified approaching the reform “in several phases”.
To compensate for the repeal of the sustainability factor, which cut the initial amount of the pension based on the increase in life expectancy, the reform contemplates increase contributions by 0.6 points over ten years, between 2023 and 2032, to fill the ‘piggy bank’ of pensions and face the retirement of the ‘baby boomers’.
Baptized as Intergenerational Equity Mechanism (IEM), this resource has been incorporated into the processing in Congress of the reform, after the agreement reached a few weeks ago by the Executive with the CCOO and UGT unions, with the rejection of the employer.
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