Single Payment for Delayed Retirement only Covers Half of What Would Be Earned by Opting for More Pension
4 Articles
4 Articles
The ageing population and the pressure on the sustainability of the public pension system led the Government of Pedro Sánchez to approve an ambitious reform under...
A study by Fedea points out that those who take advantage of this second option end up charging much more than those who choose to receive a single income upon retirement. Researchers advise recalibrating the single payment formula and demand that pensioners be better informed.
The economic prize in the form of a single payment offered by the Social Security to those who delay their retirement amounts, on average, to only 51.2% of what it would mean to receive it month by month with the pension, according to a study by the Foundation of Applied Economic Studies (Fedea). The study service analyzes in detail whether this incentive option for those who want to delay their retirement meets actuarial neutrality, which means…
The single payment is equivalent on average to 51,2 % of the value of the life supplement to which the worker renounces
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