US EditionPension tax exceeds 10 billion euros thanks to new intergenerational equity tax
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Pension tax exceeds 10 billion euros thanks to new intergenerational equity tax
The Social Security Reserve Fund, the so-called 'pension bank', exceeded €10.06 million on 28 February, the highest level since December 2017. Between January and February, the fund received contributions of €629 million from the Intergenerational Equity Mechanism (IEM), which came into force in 2023. These data were released during the 30th meeting of the Social Security Reserve Fund Monitoring Commission, held on Friday and chaired by the Secr…
·Madrid, Spain
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