The Ministry of Inclusion, Social Security and Migrations is studying to introduce Improvements in the Royal Decree project for the application and development of the ‘Reversible retirement’, previously called as flexible retirement. This measure seeks to recover workers with the Voluntary return of retirees to the labor market without having to give up a part of the pensionwith the incentive that they can obtain a greater remuneration.
Specifically, the Royal Decree is part of the Commitment acquired by the Government In Royal Decree-Law 11/2024, of December 23, for the Improvement of the compatibility of the retirement pension with the workwhich is part, in turn, of an agreement signed between government and social agents in September 2024.
The improvements of the ‘reversible retirement’ are in the development and negotiation phase with social agents (unions and business organizations), so that The Ministry led by Elma Saiz will present a new draft predictably in the coming weeks.
What is reversible retirement, which can increase the pension between 10 and 20%
The Royal Decree project It will allow retirees to rejoin voluntarily to the labor marketkeeping part or all of your pension and obtaining additional economic incentives.
According to the draft of the Social Security that is not definitive, the Working day made by the pensioner must be understood between 40% and 80% in relation to that of a full -time worker Comparable, in the terms indicated in article 12.1 of the consolidated text of the Law of the Workers’ Statute.
For example, If normal work is 40 hours per weekthe retiree who wants to access the Reversible retirement You can only work between 16 and 32 hours a week. Thus, the pension is adjusted according to the percentage of working hours: The more you work, the less pension it charges, and vice versa.
The amount of The pension will be 20% higher in case the pensioner works between 60% and 80%while it will be an additional 10% when the part -time work day is equal to or greater than 40% and less than 60%. In this line, the pension amount will be 20% when compatible with a self -employment.
The amount of the retirement pension compatible with the activity on behalf of others or on its own will include the maternity complement or reduction of the gender gap, when perceived, and The complement for pensions below the minimum will be excluded in any case.
The department directed by Elma Saiz has shown social agents its willingness to reduce that minimum threshold of 40% of the required part day to be able to Compatible pension with part -time jobas well as raise additional percentages of 10% and 20% In the pension.
Pension and work, compatible except in some cases
According to the text that the Government submitted to Public Hearing, It would be allowed to compatible The pension with an autonomous work If in the five years immediately prior to the event causing the retirement pension, the pensioner would not have been registered in a social security regime as self -employed or self -employment.
Now, according to the sources consulted by Europa Press, The Ministry has opened to study that this period is not five years, but four yearswithout ruling out that this additional percentage in the pension amount is exceeding 20%.
The draft of Royal Decree collects that The reversible retirement pension will be incompatible with permanent disability pensions that could correspond by the activity developed after the recognition of the retirement pension, whatever the regime in which those are caused. Likewise, the Incompatibility of reversible retirement with the perception of the economic complement for accessing retirement at a higher ageas regulated in article 210.2 of the General Social Security Law.
Does this measure have any effect on the price?
Likewise, the text that came to a public audience establishes that the price carried out during the reversible retirement situation It will not take effect to improve the pension that is recognizednor will the economic complement of delay that would have corresponded increase. This way, The employment relationship ended on behalf of their self -employment, full perception will be restored of the Retirement pension. Nevertheless, The Ministry has opened to study that these quotes do have for the pension in the case of forced retireesthat is, those involuntarily forced to retiregenerally because of a dismissal or an employment extinction file.
The Ministry led by Elma Saiz has pledged to present a New draft In the coming weeks, and will study Improvements in the text presented to a public audience at the end of Julywhere you can include contributions from social agents. This new regulation will enter into force three months after the publication of the Royal Decree in the Official State Gazette. Also, within one year since the publication of the Royal Decree, The government will analyze the impact of reversible retirement regulation and will be valued with social interlocutors for the purposes of the necessary regulatory changes.
